Style: Low-Rise(1-4) "4 plex, Multi-Family, Four Plex"
Garage: "Total Parking: 4"
Parking Space(s): 4
Size: 3,058 sq. ft.
Lot Size: 0.15 acres n/a "Dimensions: 50Ftx130Ft/15.24Mx39.62M"
Year Built: 1915
MLS ® #: A1046215
Sound investment property (CAP rate 7%-8%)! Nicely located just off Kingsway Ave SE with quick access to any part of the city so easy to rent. Solid 4-plex built in 1915 but totally remodeled (with permits). Each unit has it's own furnace, hot water tank, stove and fridge. There are 3 one bedroom units with one on the 2nd floor and 2 on main floor. The 2 main floor one bedroom units have unfinished usable basements and hook-ups for laundry. The 2 bedroom unit occupies half of the 2nd and all of the 3rd floor and besides fridge, stove and laundry hook-up also has a built-in dishwasher. The owner pays for the natural gas, water and garbage pick-up while the tenants pay for their electricity and sewer. From the back lane there are 4 parking spots in the backyard and the front street has plenty of extra parking.
Information is deemed to be correct but not guaranteed.
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