Description
Investors take note. This 7 unit building features three one bedroom units and four studio units. Tenants pay their own electric and internet. The boiler servicing the building is an efficient pellet boiler. The hot water is also pre-heated with solar to help keep costs low. Five of the units have been updated in the past several years. At current rents and assumed 100% occupancy the building generates $78,600. 2024 expenses were $20,646 which included landscaping, heating (pellets), insurance, internet access, electric for the basement, garbage, property taxes. The building is set up to be very low maintenance!
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3BEDS
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0.07ACRES
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0BATHS
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01/2 BATHS
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2,148SQFT
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$0$/SQFT
School Ratings & Info
Description
Investors take note. This 7 unit building features three one bedroom units and four studio units. Tenants pay their own electric and internet. The boiler servicing the building is an efficient pellet boiler. The hot water is also pre-heated with solar to help keep costs low. Five of the units have been updated in the past several years. At current rents and assumed 100% occupancy the building generates $78,600. 2024 expenses were $20,646 which included landscaping, heating (pellets), insurance, internet access, electric for the basement, garbage, property taxes. The building is set up to be very low maintenance!
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Courtesy of Will Paquin of Maple Leaf Real Estate: .