Overview
- Updated On:
- August 29, 2023
- 6 Bedrooms
- 6 Bathrooms
- 2,696 ft2
Description
Looking for an optimal investment opportunity? This 6-unit property is fully tenanted with leases in place and a private entrance and decks/ balconies to each individual unit. Currently bring in just under $70,000 per year with a potential income of $97,200. It is located in the heart of Strathroy, within walking distance of everything, 24 hours notice is needed for all showings. Lots of updates through out; steel roof on front 4 units, rear 2 units shingles 2014. re insulated and drywall, electrical, plumbing in 2002, all appliance and water-heaters included. Lots of parking. Rents; 107 A $1349.00,107 B 972.60,107C. 1004.65 105 A 883.76, 105. B 1349, 105 C. 850. Total monthly $6409.01 Total annually 76,908.12. Property Taxes $4313.96,Natural gas $1500.24 Entegrus water hydro sewage $3829.03, Insurance $2537.52 Snow removal. $ 158.20, lawn Care Grass cutting $2,162.44 Safety inspection was preformed by the Strathroy-Caradoc Fire Department on June 22nd 2022. All units have their own Hydro meter.
- Principal and Interest
- Property Tax
- HOA fee