Have you ever thought of becoming a landlord? It is a business in which you offer a service (housing), you have clients (tenants) who pay for the service, you have income and expenses, and the difference is your profit. Great investment opportunity. Located in the Village of Chipman, this 4 unit apartment building is fully rented with signed leases. 2 - 1 bedroom and 2 2 bedroom units generate $1 GOO/month. Basement has coin operated laundry facility. Walking distance to all amenities and Marina. Fridge, stove & microwave included in each unit. Annual income $19,000. Expenses $6,000. Tenants pay their own heat and electricity. Completely re-built in 1998 with new wiring, plumbing, windows, roof shingles, R2000 insulation. ln 2007, new flooring, water conditioner, sump pump. Please go to www.fourplex-for-sale.blogspot.ca more information, photos and details.
Property Summary:
Category:Other
Bedrooms:0
Bathrooms:0
Garage:0