44 Mary

Home Details

Description

$81,000 in Rental Income. Market Rents with 7% Cap-Rate. RENOVATED FOURPLEX on DOUBLE LOT with TONS of UPDATES. Tenants pay Heat, Hydro & Water. UPDATED Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Approx $300k in upgrades. Turnovers would simply be a clean and fresh paint. All units re-rented to highly vetted tenants with no legacy tenants. Introducing a prime investment opportunity located at the corner of Mary and Peel: a brick 4-plex boasting an extra-large lot for potential expansion. While it may not be suitable for severance, there's room for growth, possibly transforming it into a 7-plex . Don't miss out on this investment opportunity with potential for growth and increased profitability. **** EXTRAS **** Located in a well-established neighborhood, residents benefit from proximity to local amenities such as shops, restaurants, and parks, fostering a convenient and comfortable lifestyle. (id:39198)

See more

Additional media

-

Property taxes

$4,597.00 per year / $383.08 per month

Basement

-

Year build

-

Type

Multi-family

Bedrooms

null

Bathrooms

null

Parking spots

Total

Floor

-

Balcony

-

Pool

-

External material

-

Roof type

-

Lot frontage

-

Lot depth

-

Heating

Forced air, Electric

Fire place(s)

-