483 1ST AVENUE EAST

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Description

This cash flowing 4plex provides a ton of upside to add to your investment portfolio. Though it is cash flowing as-is, the rents are under market and can be increased with tenant turnover and strategic renovations. Currently, the rents are all inclusive but there are separate meters which gives you the opportunity to lower your expenses as well. In the basement you'll find a 1 bedroom rented for $735.44, the main floor 3 bedroom is renting for 838.04 while the 2nd and 3rd floors are rented by the room totalling $2504.55 and the back bachelor is bringing in $703.92 for a current annual income of $57,383.40. ($4,781.95/mo). (id:39198)

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Additional media

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Property taxes

$3,478.43 per year / $289.87 per month

Basement

Finished, Full

Year build

1920

Type

Multi-family

Bedrooms

9

Bathrooms

5

Parking spots

3 Total

Floor

-

Balcony

-

Pool

-

External material

Brick

Roof type

-

Lot frontage

-

Lot depth

-

Heating

Natural gas

Fire place(s)

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