Very well maintained 6 plex with great tenants. Located on a quiet residential street close to all amenities, downtown Preston, Riverside Park, Hespeler Rd, TMMC plant, Hwy 8 and 401, this brick multi residential property really is in a fantastic location. With future possibilities of a LRT development down Eagle St this property is in a prime location. Lots of updates, excellent maintenance and happy tenants makes this is a smart turn key investment.
Property Type:
Residential Income
Property SubType:
Multi-6-9 Unit
Year built:
1963
(Age: 63)
Listing General Location:
52 - Preston North, 15 - Preston
Bedrooms:
11
Bathrooms:
6.0
(Full:-/Half:-)
Lot Details:
91.83 x 112.2
Lot Depth:
112'2"34.2 m
Lot Frontage:
91'10"28 m
Lot Shape:
112.20 ft x 91.83 ft x 100.18 ft x 12.16 ft x 90.1
Kitchens:
0
Elementary School:
Coronation P.S., William G. Davis P.S., St Michael's
High School:
Preston H.S., St Benedict's S.S.
County Or Parish:
Waterloo
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Construction:
Brick Veneer
Basement:
Full, Partially Finished
Foundation:
Block
Roof:
Asphalt
Year Roof Replaced:
2013
Number of Storeys:
2
Number of Buildings:
0
Total Floor Area:
5,800 sq. ft.539 m2
Finished Area Above Grade:
4,500 sq. ft.418 m2
Finished Area Below Grade:
1,300 sq. ft.121 m2
Fireplace:
false
Laundry Features:
Coin Operated, Common Area
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
None
Heating:
Natural Gas, Radiant
Other,Washer & Dryer
Refrigerator, Stove
Tenants' Belongings
Separate Hydro Meters
false
No
Eagle St N to Schlueter St
No
HST Applicable To Sale Price:
Included
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Electric Expense:
$526.97
Insurance Expense:
$3,940.68
Expenses:
Actual
Heating Expense:
$3,153.58
Snow Garbage Expense:
$2,360
Laundry Income:
$1,148
Net Income:
$75,635.47
Under Contract Costs Monthly:
$732.32
Zoning:
RM2
Lot Site Features:
Irregular Lot, City Lot, Highway Access, Park
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No