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Start Or Add To Your Portfolio With This Smooth Running Legal Five Plex. Great Location, Close To Hwy 401, Durham Transit Route And Just Steps To The Future Metrolinx Train Station On First Avenue. Three 2Br Units & Two 1 Br Units, 4 Tenants Are Separately Metered For Hydro. Forced Air Gas And Central Air Paid By Landlord (Connected Through Unit 4 Hydro Meter). Parking For Six Cars. Excellent Tenant Mix And Coin Laundry On Site. Upside With Market Rents!
Rental Income (W/Laundry) - $73,317, Expenses - $13,060, Net Income - $60, 256. Details Attached To Listing. Building Was Renovated In 2012 W/Windows, Furnace, Roof In 2008. Unit 3 Is Completely Renovated W/Kitchen, Bath, Flooring, Paint.
Property Details
| Property Type | Multiplex |
|---|---|
| Property Style | 2-Storey |
| Square Feet | |
| Property Tax | $5,611 |
| Maintenance | N/A |
| Days On Our Website | 145 |
| Basement | Apartment - Sep Entrance |
| Kitchens | 5 |
| Garages | 0.0 |
| Lot Dimensions | 50.00 x 110.00 |
| Pool | None |
| Area | Durham |
| Fireplaces | N |
| Air Conditioning | Central Air |
| Heating | Gas - Forced Air |
| Exterior | Alum Siding |
| Garage Type | None |
| Sewers | Sewers |
| Water | Municipal |
Room Information
| Floor | Room | Dimensions | Description |
Bathroom Information
| Floor | Description |
| Main | 4 x 5 piece |
Listing Office: RE/MAX JAZZ INC., BROKERAGE
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