
Courtesy of: DEAN LAPIERRE, Salesperson, ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE
$729,000
|
Multi-family
|
$729,000
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 $71, 000, with a Net Operating Income of over $54, 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)