Property Specs:
Price$739,900.00
CityTecumseh, ON
Address12346-48 ARBOUR STREET
Listing ID25014102
ConstructionAluminum/Vinyl, Brick
FlooringCeramic/Porcelain, Laminate
ParkingOther
Land Size50 FT X 150 FT
TypeApartment
StatusFor sale
Extended Features:
Ownership FreeholdBuilding Amenities Laundry Facility, Shopping AreaCooling Central air conditioningFoundation BlockHeating Forced air, FurnaceHeating Fuel Natural gas
Details:
OUTSTANDING TURNKEY INVESTMENT PROPERTY WITH APPROXIMATELY A 5.5% ANNUAL CAPRATE WITH AN ANNUAL INCOME OF APPROXIMATELY $56170 WITH APPROXIMATELY ANNUAL EXPENSE OF $ 16542 THEREFORE $56170-$16542 = $ 39628 (AS SHOWN IN THE DOCUMENTS ) . CURRENTLY BOASTING UP TO DATE RENTS FROM TENANTS WHO HAVE BEEN THERE A FEW YEARS THAT ARE CURRENTLY MONTH TO MONTH AND HAVE A HISTORY OF PAYING ON TIME. SIMPLY GIVE THE TENANTS YOUR EMAIL ADDRESS AND START COLLECTING EACH MONTH.JUST TAKE OVER AND DO NOTHING.YOU CAN OWN A WELL MAINTAINED PROPERTY. (id:4555)