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$ 495,000
Est. payment | /mo
8 Beds
4 Baths
2,500 SqFt
$ 495,000
Est. payment | /mo
8 Beds
4 Baths
2,500 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500 - 3000
Square Footage 2,500 sqft
Price per Sqft $198
Subdivision 717 - Cornwall
MLS® Listing ID X13053028
Bedrooms 8
Property Description
FULLY LEASED FOUR PLEX in a great north end location close to shopping, a beautiful local municipal park, and public transit. This 4-plex produces an actual gross rental of $50,100 annually based on the actual income statement provided by the seller with rents that are below the current market and "the Owner is willing to enter into a Hybrid VTB arrangement with qualified buyers/see LB for details and.terms to be discussed".. Before any offer is made the owner has arranged with appropriate tenant notice to show one of the 1 bedroom units located in the back of the building, and one of the 2 bedroom units at the front to allow prospective buyers to inspect the general condition of the building before proceeding further with evaluating this investment property. Please note the tenants own their own appliances and there is washer/dryer hook ups in all 4 units. Seller instructions (form 244) requires the legal RTA notice to tenants as a requirement for all showings, and in addition the seller requires the seller property information statement signed by the buyer & submitted with any offer(s) plus 2 full business days irrevocable to review any/all offer(s). (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, Forced air, Other, ,
Cooling Window air conditioner
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 4
Garage No
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by CAMERON REAL ESTATE BROKERAGE