Description
Investor opportunity! 7 unit in a quiet dead end street neighborhood near shops and services . Great cash flow with $9700 per month rent. Over $116,000 annual. Strong rental history. This can be purchased along with 15 Oriole as part of an 11 unit portfolio. The third level is unfinished and has been opened up to add 2-3 more apartments which could produce an additional $4-5k in monthly rent income. Units are in good condition, 2 units recently renovated. Tenants pay their own electricity and heat. Electrical service was upgraded in 2012 to 9 meters. Hardwired smoke alarm, 7 apartment and one "house" circuit breaker panels. Propane conversion and new HTP Hot water tank in 2018. Plenty of parking for tenants. Buyer to do own due diligence.
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10BEDS
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0.19ACRES
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7BATHS
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01/2 BATHS
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7,617SQFT
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$131$/SQFT
School Ratings & Info
Description
Investor opportunity! 7 unit in a quiet dead end street neighborhood near shops and services . Great cash flow with $9700 per month rent. Over $116,000 annual. Strong rental history. This can be purchased along with 15 Oriole as part of an 11 unit portfolio. The third level is unfinished and has been opened up to add 2-3 more apartments which could produce an additional $4-5k in monthly rent income. Units are in good condition, 2 units recently renovated. Tenants pay their own electricity and heat. Electrical service was upgraded in 2012 to 9 meters. Hardwired smoke alarm, 7 apartment and one "house" circuit breaker panels. Propane conversion and new HTP Hot water tank in 2018. Plenty of parking for tenants. Buyer to do own due diligence.
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