$6000 month income. 10 Long Term Tenants 10 occupied bedrooms for cash flow. Highly needed and in demand rooming house situation. Zoning is R3 and currently recognized as a duplex, 3 hydro meters, 3 separate units each with exterior entrances with 5 bedrooms on 1st and 2nd floor apts. The property is being sold as is with the current long term tenant arrangement -10 occupied rooms @$6000 month, $72000yr. approx $58k Net after taxes, utilities etc. Highly tenantable area with transit and walking distance to grocery, doctors, amenities. 42x96 lot with single drive leading to open rear yard parking. the 1 bed basement apartment is vacant buyer to do their own due diligence on conversion. The basement apt was added by the previous owner, it may need some fire separation retro-fit and an electrical inspection. (id:4069)
Address |
60 CARLTON STREET |
List Price |
$770,000 |
Property Type |
Business |
Area |
Ontario |
Sub-Area |
St Catharines (451 Downtown) |
Bedrooms |
11 |
Bathrooms |
3 |
Floor Area |
1,662 Sq. Ft. |
Lot Size |
Unit=42 x 96 FT Sq. Ft. |
MLS® Number |
X9410939 |
Listing Brokerage |
ROYAL LEPAGE NRC REALTY
|
Basement Area |
Full (Partially finished) |
Postal Code |
L2R1P8 |
Zoning |
R3 |
Site Influences |
Public Transit |
Features |
Laundry- Coin operated |