95 Irving Avenue

$1,330,000

Hintonburg - , Ontario (MLS # 1070876)

Details

  • $1,330,000
  • MLS: 1070876
  • Apartment 5+ Units
  • Date Available: Tbd
  • Year Built: 1950

Fantastic turn-key 6-plex investment property in desirable hintonburg. Plenty of upside to be had with rental rates significantly increasing over the years. Current net operating income $59,908 with the potential to increase to $70,348 with today’s rental rates. Unit breakdown: #1 – 2 bedroom, $1,072 ; #2 – 2 bedroom, $1,218 ; #3 – 2 bedroom, $1,060 ; #4 – 2 bedroom, $1,300 ; #5 – 1 bedroom, $945 ; #6 – bachelor, $735. Parking $200/month, laundry $100/month. Apt #4 is the only lease on term (rented july 2017), remaining units are month to month. All 2 bedroom have the potential to rent for $1,300 and even higher with renovations. Invest and watch your equity grow! 24 hours irrevocable on all offers. Minimum 24 hours notice on all showings and viewings of 3 units until conditional offer (#2,4,6).

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Sales Representative

Adam Pearce

Sales Representative
Office: 613-236-9551
Email
Other listings

Curtis Murphy

Sales Representative
Office: 613-236-9551
Email
Other listings

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