Courtesy of Gerry Wilson, Homelife Guaranteed Realty

Interested?

If you are interested in receiving more information or scheduling a viewing of this property, call Dwayne Lawrence today.

780-893-4111

Listing Description

Looking for a great investment take a look at this Four Unit townhouse complex featuring 1149 sq ft 3 bedrooms 2 bathrooms 5 appliances. Main floor features an Entertaining size living room with patio doors onto a deck area. Galley Kitchen with 3 appliances and an adjoining family dining area and a half bathroom. Three generous size bedrooms upstairs with a full bathroom. Basement is full and open with a Washer & Dryer this area is ready for future development. Lots of parking and a double garage. Close to Shopping, Restaurants, Schools and Public Transportation which makes this investment easy to find good tenants. No vacancies in the past 3 years. Tenants pay for all utilities. Rents starting June1/24 are between $1, 250 or $1, 495 or $5, 535. monthly and on Oct1/24 rents will range from $1, 395 up to $1, 495 or $5, 780 or $69, 360 yearly Total expenses $17, 786. Net operating income $51, 574. Cap Rate of 6.44%

Features

Dishwasher-Built-In, Dryer, Hood Fan, Refrigerator, Stove-Electric, Washer, Deck, Parking-Plug-Ins

Amenities

Back Lane, Corner Lot, Landscaped, Playground Nearby, Public Transportation, Schools, Shopping Nearby.

Key Details

MLS® Number:E4386049
Property Type:Single Family
Building Type:4PLEX, 2 Storey
Building Size:1,149 SqFt
Year Built:1978
Neighbourhood:Belvedere
Zone:Zone 02
Lot Shape:Rectangular
Exposure:West
Parking Type:Double Garage Detached
Garage:Yes
Bedrooms:3
Bathrooms:1 Full, 1 Half
Basement:Partly Finished
Fireplace:No
Heating Type:Forced Air-1
Heating Fuel:Natural Gas
Flooring:Carpet, Linoleum, Vinyl Plank
Exterior:Brick, Stucco
Construction:Wood Frame
Map Filters

Community Demographics

Age

Commuting

Employment

Marital Status

Citizenship

Ownership