$1,250,000

About this home

Capitalize on a turnkey, revenue-generating INCREDIBLE investment property. This full duplex features 4 fully legal suites that currently collectively generate over $8,000 / month in gross rental income, backed by an exceptional tenant profile & strong leases. Within the last 5 years, the property has undergone nearly $200,000 in comprehensive capital renovations. Major upgrades include two high-end basement legalizations (to make legal suites), updated mechanical systems (3 furnaces & water heater), a newer roof, energy-efficient windows, fresh exterior aesthetics, and optimized outdoor amenities featuring private fenced yards and graded four-car parking. Spanning over 3,300 sq ft across 7 bedrooms and 4 bathrooms, the complex already has excellent tenants in place. Its positioning just one block from Confederation Park & minutes from downtown ensures perpetual high demand and minimal vacancy. With all major heavy lifting completed, this self-managed asset presents a seamless, high-yield expansion opportunity for any real estate portfolio. (id:66681)

Property details

Bedrooms

7

Bathrooms

4

Half baths

0

Year built

1958

Property type

Residential

Building type

Bungalow

Appliances

Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave Range Hood Combo, Hood Fan, See remarks, Window Coverings

Parking

Parking Pad, Other (4)

Zoning

R-C2

Community

Cambrian Heights

MLS®

A2351440

Days on market

0

Location