Two Classic Victorian Houses. 50 & 52 River St Comprising A Large Detached 7 Unit Rental Property. 50 River St Has 4 X 1Bdrm Luxury Apts & 52 River Has 3 X 1Bdrm Luxury Apts + Common Coin Laundry. Easily Reconfigured Into Larger Units For Owner Or A Small 8th Unit Could Be Added In Bsmt. 8 Car Paved Parking Lot Thru Laneway. Complete Gut & Reno In 2001 And Steadily Improved Since. $94K Inc, 79K Net. Great Stable Tenants. Never Vacant. Near 7% Net.
Plumbing & Electrical Replaced. New Kitchens; Some W/ Stainless Steel Or Black Gourmet Appliances. Maple Or Oak Hardwood Thru-Out. New 50 Yr Steel Roof, 2 New Hi-Eff Gas Furnanaces, 3 Cac Units, 2 Water Heaters. Coin Laundry,2 Roof Decks.
Broker: Junction Realty Inc Brokerage