Description

Multifamily investment property with approx 2700 sqft in Cedar Cottage on the quiet side of Clarke and substantial revenue upside. The building offers 3 self contained units each with 3 bedrooms and 1 bath + the double detached garage is rented. Currently generating $71,772 in gross annual income with tenants paying their own hydro. Some updates include new roof with full five-year transferable warranty, exterior of building and garage recently painted and new concrete walkways and patios. Convenient accessibility to Main Street, Commercial Drive, downtown & many nearby amenities. Great for investors or home owners looking to be part of an active community.

Taxes (2017): $5,596.80

Land

Frontage: 33.00", Depth: 104"

Amenities

Garden Shared Laundry

Features

Clothes Washer Dryer Refrigerator Stove