London East N6B 1H9

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 6 BR
Bathrooms: 4
Pets: Pets No

Financials

Price:C699,900
($501,604.33)
(€449,498.47)
Annual Taxes:C3,445.15
505 Park Ave, New York, NY 10022

Description

$5,500 Income Per Month! Well Managed, Turn key in Good repair! Brick building with 5 + parking, 4 Separate meters, Coin Washer & Dryer. Unit#1($1,650/m) 1 + Den, Front door renovated: Unit#2($1,050/m): Access through rear, 1 Bed, renovated Unit#3($1,332/m): Access through rear main level door, 1 Bed, Unit#4($1,230/m): Access through rear lower level door, 1 Bed+den, Coin Laundry ($150/m): Landlord pays electric meter for common area coin laundry, Storage & utility room. Deep Lot, Additional potential ZONING ALLOWS PARKING IN REAR. Take advantage of Vendor Financing 6.5% interest. After Mortgage, insurance, utilities NET Income positive cashflow $1,362.10/m**EXTRAS** Any chattels remaining on the property not belonging to Tenants. Vendor Mortgage = $3,367/m; Collect rents+laundry = $5,500/m, Property taxes - $287/m, Utilities/Insurance - $496/m.

Amenities

  • Other

5, 500 Income Per Month !


    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.