217 Emma Street Sarnia ON N7T 2Z8
217 Emma Street Sarnia ON N7T 2Z8

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    SPACIOUS, OPEN CONCEPT, 1 BEDROOM APARTMENT UPSTAIRS. MAIN FLOOR IS A BIG, 2-BEDROOM APARTMENT. BASEMENT IS PART OF MAIN FLOOR APARTMENT. LIVING ROOM + REC ROOM + 2 BATHROOMS. SOLID BRICK, 2 STOREY BUILDING. QUIET STREET. PARKING FOR 4 CARS. R2 ZONING. USE AS INCOME PROPERTY OR AS SINGLE-FAMILY HOME OR LIVE IN ONE UNIT & RENT THE OTHER TO SUPLEMENT COSTS. UPPER APARTMENT ($931.99/MO.X 12 MO.) = $11,172.00 + MAIN FLOOR APARTMENT $710.00/MO. x 12 MO.) = $8,520.00 FOR TOTAL YEARLY NCOME $19,682.00. EXPENSES (INSURANCE $1,745.25) + (GAS $1,619.27) + (ELECTRICITY $1,639.17) + (PROPERTY TAXES $1,184.60) + (REPAIRS & MAINTENANCE $1,573.76) + (WATER $1,840.87) + (ESTIMATED MANAGEMENT $1,375.00) + (ESTIMATED VACANCY & BAD DEBT $985.00) = TOTAL EXPENSES $11,962.92. NET OPERATING INCOME APPROX $7,719.08. BSM'T TENANT SUSCEPTIBLE TO DISEASE & REQUESTS MASKS BE WORN. (id:24093)
    Listed by TOM BOOTH of StreetCity Realty Inc. (Sarnia)

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    "Based on information submitted to CREA as of December 4, 2023 . 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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