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This 4 plex has a 3 bedroom apartment and a one bedroom apartment on each side. (1800 sq ft each side). The Owners unit will be vacated on the sale. The rest of the tenants are to be assumed. The market rent for the owners 3 bedroom unit is about $1800 plus gas and hydro. The one bedroom 101B rent is $623 plus gas and hydro. 99A 3 bedroom rent is $862.50 plus gas and hydro. 99B one bedroom rent is $592.50 plus gas and hydro. The tenant rents are low compared to market rents. Gross rents $3878/month. ($46536/year). Owner pays water approx $2300, taxes $4056 and insurance $1680. Net income $38500 4.8% cap rate. THE OWNERS UNIT IS EASY TO SHOW ON SHORT NOTICE. UNIT 101A. Due to the virus the other tenants units will shown after an accepted offer (with buyer's conditions). There are pictures of all the units. (id:24093)
Listed by William Austin of Royal LePage Action Realty

Property Details of 99 West River Street

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"Based on information submitted to CREA as of October 16, 2021 . 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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