Excellent Investment Opportunity. Rarely Found Pupose Built 8 Suite Apartment Building In The Heart Of Burlington. 7-2 Bdrm's And 1-Junior 1 Bedroom. 2 Bedroom Suite Is Appr. 900 Sqft. Tenants Pay Own Hydro. Gross Annual Income $80,470.00, Expenses $24,612.00. Average Rent For 2 Bedroom Is $850.00 Including Parking. Current Rents 10-15% Below Market, Great Upside Potential. Building Is Presently Self Managed.
Gb&E, 8 Fridges, 8 Stoves, 1 Coin Operated Clothes Washer And Dryer.
Broker: Re Max Hallmark Realty Ltd Brokerage