Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bedrooms: | 6 BR |
| Bathrooms: | 4 |
| Pets: | Pets No |
Financials
DescriptionWelcome to this positive cash-flowing fourplex ideally located within close proximity to schools, St. Lawrence College, and a variety of shopping options, making it a highly desirable rental location.This well-maintained property boasts west-facing windows that were all updated in 2022, allowing for plenty of natural light and improved energy efficiency. Each unit is equipped with brand new gas space heaters, installed in 2022, providing reliable and cost-effective heating for tenants.The four units are currently rented at competitive market rates, with rents as follows: Unit 2 at $1250.50 plus utilities, Unit 4 at $1,375 plus utilities, Unit 6 at $1,300 plus utilities, and Unit 8 at $1,225 plus utilities. These solid rental incomes contribute to a strong and consistent cash flow.With no vacancy and tenants responsible for utilities, this property offers excellent operating efficiency. The net cash flow for this investment is approximately $51,986.65, making it a highly attractive opportunity for investors seeking immediate income and long-term growth potential. 24 Hour Notice required for showings. 48 Hour irrevocable on all offers as per form 244.Amenities- Separate Hydro Meter
Welcome to this positive cash-flowing fourplex ideally located within close proximity to schools, St. Lawrence College, and a variety of shopping options, making it a highly desirable rental location.This well-maintained property boasts west-facing windows that were all updated in 2022, allowing for plenty of natural light and improved energy efficiency. Each unit is equipped with brand new gas space heaters, installed in 2022, providing reliable and cost-effective heating for tenants.The four units are currently rented at competitive market rates, with rents as follows: Unit 2 at $1250.50 plus utilities, Unit 4 at $1,375 plus utilities, Unit 6 at $1,300 plus utilities, and Unit 8 at $1,225 plus utilities. These solid rental incomes contribute to a strong and consistent cash flow.With no vacancy and tenants responsible for utilities, this property offers excellent operating efficiency. The net cash flow for this investment is approximately $51,986.65, making it a highly attractive opportunity for investors seeking immediate income and long-term growth potential. 24 Hour Notice required for showings. 48 Hour irrevocable on all offers as per form 244.
- Separate Hydro Meter
Welcome to this positive cash flowing fourplex ideally located within close proximity to schools, St.
DescriptionWelcome to this positive cash-flowing fourplex ideally located within close proximity to schools, St. Lawrence College, and a variety of shopping options, making it a highly desirable rental location.This well-maintained property boasts west-facing windows that were all updated in 2022, allowing for plenty of natural light and improved energy efficiency. Each unit is equipped with brand new gas space heaters, installed in 2022, providing reliable and cost-effective heating for tenants.The four units are currently rented at competitive market rates, with rents as follows: Unit 2 at $1250.50 plus utilities, Unit 4 at $1,375 plus utilities, Unit 6 at $1,300 plus utilities, and Unit 8 at $1,225 plus utilities. These solid rental incomes contribute to a strong and consistent cash flow.With no vacancy and tenants responsible for utilities, this property offers excellent operating efficiency. The net cash flow for this investment is approximately $51,986.65, making it a highly attractive opportunity for investors seeking immediate income and long-term growth potential. 24 Hour Notice required for showings. 48 Hour irrevocable on all offers as per form 244.Amenities- Separate Hydro Meter
Welcome to this positive cash-flowing fourplex ideally located within close proximity to schools, St. Lawrence College, and a variety of shopping options, making it a highly desirable rental location.This well-maintained property boasts west-facing windows that were all updated in 2022, allowing for plenty of natural light and improved energy efficiency. Each unit is equipped with brand new gas space heaters, installed in 2022, providing reliable and cost-effective heating for tenants.The four units are currently rented at competitive market rates, with rents as follows: Unit 2 at $1250.50 plus utilities, Unit 4 at $1,375 plus utilities, Unit 6 at $1,300 plus utilities, and Unit 8 at $1,225 plus utilities. These solid rental incomes contribute to a strong and consistent cash flow.With no vacancy and tenants responsible for utilities, this property offers excellent operating efficiency. The net cash flow for this investment is approximately $51,986.65, making it a highly attractive opportunity for investors seeking immediate income and long-term growth potential. 24 Hour Notice required for showings. 48 Hour irrevocable on all offers as per form 244.
- Separate Hydro Meter
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.
