Attention All Investors! - Positive Cash-Flowing Property***Turnkey, Legal 5Plex***Huge Lot : 90.50Ft X 261.75Ft***4,500Sqft. Featuring 5 Self-Contained Units***8 Brs & 5 Wshrs***Tenants Pay For Their Own Utilities***Each Unit Has Their Own Hydro Meter & HWT***10-Car Parking***Apt3 Tenant Acts As Bldg. Superintendent***Hands Off Investment***All Tenants Can Be Assumed***These Purpose-Built Investment Opportunities Are Rare!***Newer Roof***Annual Rent = $56,100, Property Taxes = $4,684, House Insurance = $5,980, Net Operating Income = $45,436. See Attachments For Income/Expenses/Rent Roll. |
Price | $760,000 |
Taxes: | $4684.33 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 209 County Rd 28 , Otonabee-South Monaghan, K0L 1B0, Ontario |
Postal Code: | K0L 1B0 |
Province/State: | Ontario |
Legal Description: | Pt Lt 1 Con 1 S Monaghan Pt 1 39R473; Ot |
Lot Size: | 90.49 x 261.75 (Feet) |
Directions/Cross Streets: | County Rd 28 & County Rd 2 |
Category: | Apartment |
Use: | Apts-2 To 5 Units |
Building Percentage: | Y |
Total Area: | 0.54 |
Total Area Code: | Acres |
Area Influences: | Major Highway |
Taxes Expense: | $4684 |
Insurance Expense: | $5980 |
Management Expense: | 0 |
Heat Expenses: | $0 |
Hydro Expense: | $0 |
Water Expense: | $0 |
Other Expenses: | $0 |
Gross Income/Sales: | $56100 |
Operating Expenses: | $0 |
Vacancy Allowance: | 0 |
Net Income Before Debt: | $45436 |
Year Expenses: | 2023 |
Expenses Actual/Estimated: | $Act |
Heat Type: | Baseboard |
Central Air Conditioning: | N |
Water: | Well |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX COMMUNITY REALTY INC. |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Peterborough |
Municipality: | Otonabee-South Monaghan |
Neighbourhood: | Rural Otonabee-South Monaghan |
Lot Size: | 90.49 x 261.75(Feet) |
Tax: | $4,684.33 |