An impressive 15 bedroom building, configured as three units located steps to St. Lawrence College and directly across from Tim Hortons in the heart of Portsmouth Village. Once a medium sized home, an addition was created in the last 6 years at the rear for an additional 2 units comprising of a 6 bedroom and 2 bedroom unit. The exterior offers an incredibly large lot with 6 designated parking spaces, a front patio and side covered porch. An additional side entrance allows for direct use of the mechanical area for landlords and trades people. Gross rent brings in just less than $90,000 a year. Landlord pays taxes, utilities, insurance and maintenance. The units are heated with gas (forced air) and rents could potentially be increased as they have not been raised in the last 5 years. Huge windows and generously sized living spaces make this asset stand out. Investing in new construction with significant scale in size make this a compelling acquisition to your portfolio. (id:33452)
MLS® Number | K19006259 |
Parking Space Total | 6 |
Property Type | Multi-family |
Age | Age Is Unknown |
Basement Development | Finished |
Basement Type | Full (finished) |
Exterior Finish | Vinyl Siding |
Fireplace Present | No |
Foundation Type | Poured Concrete |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Utility Water | Municipal Water |
Estimated monthly mortgage payment
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