This property is in an upcoming neighbourhood that is being revamped. It is just a moments walk to the St.Lawrence River. The property has been maintained. The main floor unit is currently rented at $778/month utilities are included. The upstairs unit is rented at $750/month utilities included. There are 2 natural gas space heaters in each unit. The property generates a gross revenue of $18,336. (id:2493)More details
In the heart of South Stormont comes an opportunity for you to have income property...that generates good income! These 2 units have been updated with kitchens, windows, wiring, furnace, air conditioning, hot water tanks and more over the last 7 years. Put all that with some great tenants and you can't go wrong. Please allow at least 24 hours notice for showing requests. (id:2493)More details
What is your 2020 investment income strategy? This package is priced well, can generate two streams of income and offers flexible lending options for Buyers who may require creative financing. Both units are "intentionally" vacant so the new owner can screen and choose his/her own tenants. The main floor is a bachelor style / open layout with practical use of the unfinished basement for storage. The second story apartment is a one bedroom unit. Each unit is heated by baseboards and has its own electric meter, so the tenants can pay for their own utility. The units have historically rented for $695 + utility, each. There are 8 spaces in the rear parking lot that can be leased out for ADDITIONAL INCOME, approximately $35/mth each space. The zoning here can accommodate commercial use as well, making it a versatile property now or in the future. Better yet, this location may qualify for Heart of the City grant funding for renovations. (id:2493)More details
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