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SOLID INVESTMENT PROPERTY ZONED R4 *UPDATED HEATING SYSTEM 2023* AND CONSISTS OF 8 SPACIOUS UNITS, PURPOSE BUILT USING CONCRETE CONSTRUCTION, 6 UNITS HAVE BALCONIES, EACH UNIT COMES WITH FRIDGE AND STOVE. TENANTS PAY HYDRO, VENDOR PAYS HEAT (APPROX. $4664.96 / YEAR). HOT WATER GAS COIN OPERATED LAUNDRY IN BASEMENT. GREAT LOCATION, OLD WESTEND AREA, WALKING DISTANCE TO DOWNTOWN AND ALL ITS AMENITIES. THIS WOULD BE A GOOD OWNER OCCUPIED INVESTMENT. LONG TERM TENANTS, EASY TO MAINTAIN. POTENTIAL FOR 1 BEDROOM UNIT ADDITIONAL IN BASEMENT, SUBJECT TO PARKING. EXPENSES: COMMON AREA HYDRO $1315.40, WATER/SEWER $3819.90, MAINTENANCE $4899.00, INSURANCE $3624.00, MGMT $2939.40, LAUNDRY INCOME APPROX. $3600.00 PER YEAR INCLUDED IN TOTAL RENT INCOME. NOTE: 2020: NET RENT $68,081.66 EXPENSES $33,378.34 NOTE: 2022: NET RENT $64,110 EXPENSES $37,350. (id:24093)
Listed by RONALD WHETUNG of Mincom Kawartha Lakes Realty Inc. Brokerage

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"Based on information submitted to CREA as of March 25, 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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