Very lucrative investment. 4 suite SxS BILEVEL STYLE duplex w/ 2 separate titles, uniquely large 4 - 1300 sqft fully equipped 3 bedroom units w/ F.P.'s, LR, DR, Kit., separate laundry rooms, 4 updated furnaces, 4 hot water tanks. Updated roofing in 2014. Numerous other updates inside. 248 A&B operating under short term rental with booking agent assistance, 246 A&B are long term tenants. Double garage w/ 2 additional off street parking stalls. Over $90,000/yr gross income w/ potential to increase by at least 25%.
7.8% Cap Rate
Lower suites are not deemed legal due to zoning.
|Sub Type:||Multi Unit|
- Back Lane
- Flat Site
- Public Transportation
- Shopping Nearby
Davinder Toor - RE/MAX Real Estate (Central)
Courtesy: RE/MAX REAL ESTATE (CENTRAL)
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