$3,400,000
Description
This is an outstanding opportunity to own this 12 unit apartment complex. Redeveloped only 11 years ago this building is completely up to date. All units are above average size and quality. 7 of the 12 units are multi-level with either 3rd floor loft bedroom/bathrooms or basement recroom, bedroom & bath. All units have 6 appliances including in suite laundry. Each unit has outdoor space with a balcony or patio & 14 parking spots. Separate water, sewer and hydro billed to each tenant and individual heat controls for each tenant. 12 gas hot water tanks (owned) and fire alarm systems are all up to date. This property provides a great income of $268,785.00 gross a year with room for increases. (Utilities 11,282, gas boiler and hot water) (Tax $32,053) (Maintenance $5,266) (Insurance $5,550) No vacancy over last 5 years. Everything here is in excellent condition and ready to go. Please see full iGuide floor plans & virtual tour.
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