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New Sudbury income property in great location,Duplex + in law suite. Close to schools/ Colleges and Shopping. Situated on a nice size lot with double detached insulated garage for extra income or your own personal use.. Property has N/G forced air heat and a 200 AMP electrical Service. Units are always rented . Main Floor Large 1 bdrm,can easily made into 2 Bdrms $1200/mth. Upper Floor 2 Bdrm Unit $1275/mth. Basement 1 bdrm in law suite $710/mth. Tenants pay & split the cost of Hydro/water bills. Great opportunity to own an investment property in New Sudbury on a quiet street. Expenses 1) Taxes $3721.32 2) Gas $1710.56 3) Hydro&Water $3619.47 (paid by tenants) 4)Hot water tank rental $258.60 5) Insurance $1634.04 6) Maintenance $1700.24. Yearly Expenses=$9024.76. Yearly Gross income=Rentals $38,220 + Laundry $1440 = $39,660/year . Net operating income (NOI)=$30,635.24. Buy this property and Get a solid return on your investment. Don't wait, book your appointment now. 26hr notice required for all showings due to tenancies. (id:24093)
Listed by DEAN LASORSA of GUARANTEE PERMANENT REALTY LTD.,BROKERAGE

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"Based on information submitted to CREA as of June 28, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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