Your rare opportunity to purchase a side-by-side profitable investment property in Central Lindsay, with gross annual income of approx. $40,200 (6.02 Cap Rate). This Large semi-detached brick home is over 1800 sq ft above grade, with 2 separate units currently tenanted by students on term leases by room. This home features 5 sizable bedrooms all with windows, 2 kitchens and 2 large shared living spaces above grade. Huge 36 x 173 lot, large covered porch, private driveway for 4 car parking, and a massive backyard with a large deck off the main floor & shed for storage. There's even a second floor balcony! Upper unit - 2 bedroom unit with kitchen and wonderful 3rd storey loft living space. Lower unit - 3 bedroom unit with kitchen & living space. Gross annual income is approx $40,200. Minutes to downtown, church, restaurants and only a 10 minute walk to Fleming College where the students attend. One of the oldest and best-ranked colleges for applied arts & technology in Canada, there is tons of demand for student housing near the college with consistently filled rooms. Upgrades include: new sensors for furnaces to improve heating efficiency & costs, most apartments have been repainted, 2 new windows, porch recently painted. (id:39198)
부동산 특징
- 등록 날짜: Friday, October 11, 2024
- 가상 투어: View Virtual Tour for 82 DURHAM Street W
- 도시: Lindsay
- 이웃/동네: Lindsay (Town)
- 전체 주소: 82 DURHAM Street W, Lindsay, K9V2P9, Canada, Ontario, Canada
- 주방: Main level
- 주방: Main level
- 리스팅 중개사: Sotheby'S International Realty Canada, Brokerage (Gravenhurst Unit 4) - Disclaimer: The information contained in this listing has not been verified by Sotheby'S International Realty Canada, Brokerage (Gravenhurst Unit 4) and should be verified by the buyer.