| Ad Copy |
A TREMENDOUS INVESTMENT, THIS MULTI TENANTED
RESIDENTIAL PROPERTY BOASTS 100 OCCUPANCY WITH 10 UNITS IN
TOTAL. ALL TENANTS RESPONSIBLE FOR OWN HEAT-HYDRO ACCOUNTS.
THE SITE IS LOCATED IN THE HEART OF A MATURE WELL ESTABLISHED
SOUTH END COMMUNITY THAT FEATURES SURROUNDING SERVICES FOR THE
CONVENIENCE OF YOUR TENANTS. THE INVESTMENT OPPORTUNITY FOR
THIS PROPERTY SHOWS AN ANNUAL INVESTMENT RETURN OF 15.6 AND
WITH APPRECIATION AND PRINCIPAL PAYMENTS BOAST A HUGE 36.41%
IRR OVER A FIVE (5) YEAR PERIOD. CONTACT LISTING AGENT FOR OUR
INVESTMENT PACKAGE. | |
| Type: |
9 - 12 Unit |
| Tenure: |
Freehold |
| Property Size: |
0.5 -0.99
Acres | |
| Heating: |
Baseboard, Electric |
| Water: |
Municipal |
| Sewer: |
Municipal |
| Rental Equipm.: |
Hot Water Tank |
| Flooring: |
Carpet, Vinyl | |
| Ext. Construction: |
Stucco |
| Driveway/Parking: |
Asphalt |
| Foundation/Basement: |
Poured Concrete |
| Features: |
Bus Route, Cable, Laundry, Smoke
Detector |
| Roof: |
Asphalt
Shingle | |
|
|
| Com/Ret Space: |
No |
| Rent Control: |
Yes |
| Survey: |
No |
| Building Age +/-: |
OL | |
| Sign: |
Yes |
UFFI: |
UNKNOWN |
| Lockbox: |
No |
SPIS: |
Waived |
| #Stories: |
2 |
Road Type: |
| |
| Garage: |
No |
Gar.Details: |
|
| Parking: |
N |
Park.Dim.: |
| |
| 1-Bedr.Units: |
4 |
2-Bedr.Units: |
6 |
3-Bedr.Units: |
0 |
| 4-Bedr.Units: |
0 |
Bach.Units: |
0 |
Rental Units: |
10/10 |
| Stoves: |
10 |
Dishwashers: |
|
Washers: |
|
| Dryers: |
|
Microwaves: |
|
Fridges: |
10 |
| Income Information |
| Rental Income: |
77235 |
Laundry Income: |
1440 |
Other Income: |
| |
| Expense Information |
| Insurance: |
1632 |
Maintenance: |
3000 |
Water/Sewage: |
3026 |
| Heating: |
|
Electricity: |
784 |
Snow/Garbage: |
1432 |
| Management: |
3000 |
Property Taxes: |
13093 |
Other Costs: |
| |
| Totals |
| Total Income: |
78,675.00 |
Total Expenses: |
25,967.00 |
Net Income: |
52,708.00 | | |
| Assessment: |
$ |
Taxes: |
$13092.00 (2011) |
Local Improvements: |
| |
| Mortgage 1 Information |
Mortgage 2 Information |
| Mortgagee: |
|
Mortg.Rate: |
|
| Mortg.Amount: |
$ |
Due Date: |
|
| Payment (PI): |
$ |
Payment (PIT): |
$ |
| Subj.to Verif.: |
|
| |
| Mortgagee: |
|
Mortg.Rate: |
|
| Mortg.Amount: |
$ |
Due Date: |
|
| Payment (PI): |
$ |
Payment (PIT): |
$ |
| Subj.to Verif.: |
|
| |
|
| Listing Office: |
ROYAL LEPAGE NIAGARA
R.E. CENTRE, BROKERAGE- MAYWOOD - 2129 |
: |
| |
|
|
| The information on this site is from sources believed
to be reliable. This information should not be relied upon by a
buyer without personal verification. The brokers/agents and members
of the Niagara Association of REALTORS® assume no responsibility for
its accuracy. (29-SEP-2011 20:57
EDT) |
