Excellent investment opportunity to own a well-maintained multi-family property located approximately 20 km from Melville. This wheelchair-accessible building offers approximately 5,500 sq. ft. of living space on a large 140 x 150 ft. lot and features 7 rental suites, including four 1-bedroom units, two 2-bedroom units, and one bachelor suite. All units are in good condition and offer comfortable living in a quiet community setting. Property features include a spacious common area, shared laundry, private patio space for each unit, nicely maintained green space, and 6 electrified parking stalls at the front of the property. Approximate gross rental income is $68,400/year with estimated operating expenses of $29,000/year, resulting in an approximate NOI of $39,400/year. All measurements and projections are approximate and should be verified by interested parties. (id:41462)
| MLS® Number | SK030793 |
| Property Type | Multi-family |
| Community Features | Pets Allowed With Restrictions |
| Features | Treed |
| Parking Space Total | 6 |
| Structure | Deck, Patio(s) |
| Appliances | Washer, Refrigerator, Dryer, Stove |
| Architectural Style | Low Rise |
| Constructed Date | 1988 |
| Cooling Type | Air Conditioned |
| Heating Fuel | Electric, Natural Gas |
| Heating Type | Hot Water |
| Stories Total | 1 |
| Type | Multi-family |
| Acreage | No |
| Landscape Features | Lawn, Garden Area, Fully Landscaped |
| Size Frontage | 140 Ft |
| Size Irregular | 21000.00 |
| Size Total | 21000 Sqft |
| Size Total Text | 21000 Sqft |
Contact us for more information

Dilipkumar (Dn) Patel
Salesperson

Robby Bear
Associate Broker