Overview
- Updated On:
- April 7, 2023
- 6 Bedrooms
- 4 Bathrooms
- 2,660 ft2
Description
Turn the key and invest here! Two 2 bedroom units, and two 1 bedroom units, all currently tenanted. Unit 1 just updated this year with new kitchen, bathroom, luxury vinyl plank flooring, doors, paint and appliances. The 3 other units have all been renovated in the last few years, including kitchen cabinets and countertops, laminate and vinyl flooring. This property features a metal roof, and two parking spaces per unit, for a total of 8 spots! Each unit has it’s own breaker panel, and the tenants pay their own hydro. Landlord pays water and gas. Parking lot was newly paved in 2022. Windows have been updated as well, excluding the basement. Shared basement laundry with coin operated washer and dryer. Gas water heater 2020. Immediate possession with tenants. Consider also you could live in one of the units and easily have the income cover your mortgage!! This fantastic investment opportunity is also adjacent to farmland on a sought after dead end street location, on a Grand River bus route, and only a short drive to the city!
- Principal and Interest
- Property Tax
- HOA fee