2427 NORTH SHORE ROAD (X13474832)
About the Property
TURNKEY DUPLEX-Cash-Flowing from Day One! This Legal Duplex is Fully renovated with Reliable tenants providing Immediate income. This is the kind of asset investors wait for: a completely updated, income-producing property with nothing left to do but collect rent. The numbers speak for themselves: Monthly Income-$4,200 ( tenants pay all utilities) Est. Mortgage payment - $2,300/mth @ Current variable rate on $450 K means a Net position- Positive cash flow from closing. Here's what's been done ( So you don't have to)... Every major system and finish has been upgraded in the past 2 years: Exterior-New Siding, newer windows, upgraded insulation, interior-new flooring, brand-new- kitchens with appliances, renovated bathrooms and in suite laundry on each floor. THE BONUS: There's Ample parking for both units. THE UNITS: Lower ( 2 Bed) Open -concept kitchen, dining, living area. Two large bedrooms with generous closet space. Covered patio with side-yard access. Upper (3Bed) Open-concept layout. Three large bedrooms, south facing deck, private entry with backyard access. Why this property: Proven tenants-long standing occupants with perfect payment history and Zero deferred maintenance. This is a fabulous investment in a market where multi-family inventory is tight. At this price point and cash-flow profile, hesitation is your only risk. (id:48047)
- Details
- Building
- Dimensions
- Land
Bedrooms
5
Bathrooms
2
Community Features
School Bus,Community Centre
Garage
No
Parking Spaces
4
Ownership
Freehold
Sewer
Septic System
Area
1100 - 1500 sqft
Cooling
None
Heating Type
Baseboard heaters,Forced air,,
Heating Fuel
,,Electric,Propane
Frontage Length
225 ft
Dining room
2.93 m X 3.73 m
Kitchen
2.48 m X 5.96 m
Living room
3.65 m X 3.2 m
Primary Bedroom
3.58 m X 3.95 m
Bedroom 2
3.58 m X 2.81 m
Bathroom
2.83 m X 2.46 m
Other
3.47 m X 1.24 m
Laundry room
2.22 m X 2.25 m
Primary Bedroom
4.89 m X 3.14 m
Bedroom 2
3.89 m X 3.12 m
Bedroom 3
2.72 m X 3.12 m
Bathroom
2.27 m X 2.14 m
Kitchen
3.78 m X 3.51 m
Dining room
3.36 m X 3.28 m
Living room
6.23 m X 3.14 m