Four 3 bedroom, 1.5 bath, family oriented townhouse style residences on .47 acres in convenient, quiet, and sunny location approximately 15 minutes to Nelson. The building is well maintained and experiences low tenant turnover. Upgrades include roof in 2004 and thermal window upgrades, primarily on the second floor. Waterfront access nearby. There is partial walkout basement with roughed in plumbing that could possibly be an additional residence. With gross annual rents of close to $48,000, and with mortgage financing at current low rates, potential to enjoy a positive cash flow and earn a return on invested capital in excess of 10%.
Property Summary:
Category:Other
Bedrooms:3
Bathrooms:2
Garage:8
Amenities:
Recreation, Public Transit