Courtesy of: DEAN LAPIERRE, Salesperson, ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE
Courtesy of: DEAN LAPIERRE, Salesperson, ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE
$699,900
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Multi-family
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$699,900
50 Albany Street HOLY MOLY!!! ALL BRICK DUPLEX with 3 additional units and R2-2 zoning. This 5 unit investment opportunity is located in a Quiet central location and has a Gross rental income of over $77, 000, with a Net Operating Income of over $56, 000. Rents are all-inclusive. Plus there’s On-site laundry with potential to switch back to coin op laundry for extra income. There’s 2 gas water heaters, 2 hydro meters, plus a storage room. Unit mix includes four 1 bedroom units and 1 bachelor unit. This money maker sits on a nice large lot with plenty of parking. Solid all brick building with good tenants, ask your realtor for a copy of the income and expenses. Unit 3 is vacant, you can set your own rents. (id:203)