Great location on this 4plex. Close to all fast growing university and the downtown core. All are 1 bedroom units. 4 separate hydro meters, but owner pays for all utilities. Expenses are Taxes $ 3,100.00, Insurance $1000.00, Gas $18 00.00, Hydro $ 2,400.00 and water $1080. Total expenses $9380.00 Gross rents $32520.00. Net Income of $ 23140.00 Cap rate of 9%. This is a great Real Estate Investment to add to your portfolio.
Property Summary:
Category:Other
Bedrooms:4
Bathrooms:4
Garage:0