Description
Side by Side duplex with 2 legal basement suites making this a very affordable 4-unit income producing revenue property. Building was originally built as a 4-plex with raised basements and large windows offering loads of natural light. All units have separate entrances, have 2-bedrooms & 1 bath all with separate utility meters. 3 of 4 units have private laundry facilities & the 4th shares. Covered breezeway parking pads plus lots of street parking. Well maintained with lots of renovations. New balcony & rails in 2018. Shingles in 2010, new vinyl windows in 2008, vinyl flooring with cork underlay in 2013, updated bathrooms with white vanities, tub & shower surrounds. Furnaces and hot water tanks all replaced. Many newer appliances. Renovations done in basement suites following City bylaws to legalize the suites in 2020. Fantastic location within walking distance to schools, shopping, community centre, pool, parks & major bus lines. Minutes to City Centre on express bus. All leases in place. Building is professionally managed by Emerald Management so a turnkey investment can be made. Great tenants, all get along well. Total monthly income is currently at $4,010 leaving room to increase rents to current market value as fixed term leases come up for renewal.
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0BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
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1,804SQFT
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$416$/SQFT
Description
Side by Side duplex with 2 legal basement suites making this a very affordable 4-unit income producing revenue property. Building was originally built as a 4-plex with raised basements and large windows offering loads of natural light. All units have separate entrances, have 2-bedrooms & 1 bath all with separate utility meters. 3 of 4 units have private laundry facilities & the 4th shares. Covered breezeway parking pads plus lots of street parking. Well maintained with lots of renovations. New balcony & rails in 2018. Shingles in 2010, new vinyl windows in 2008, vinyl flooring with cork underlay in 2013, updated bathrooms with white vanities, tub & shower surrounds. Furnaces and hot water tanks all replaced. Many newer appliances. Renovations done in basement suites following City bylaws to legalize the suites in 2020. Fantastic location within walking distance to schools, shopping, community centre, pool, parks & major bus lines. Minutes to City Centre on express bus. All leases in place. Building is professionally managed by Emerald Management so a turnkey investment can be made. Great tenants, all get along well. Total monthly income is currently at $4,010 leaving room to increase rents to current market value as fixed term leases come up for renewal.