PRIME INVESTMENT OPPORTUNITY in Vanier! Discover this fantastic DUPLEX in the rapidly growing community of Vanier, perfect for investors or owner-occupants looking for rental income. This property features separate HYDRO meters, an OWNED hot water tank and furnace (2013), and a roof updated in 2017. Additional upgrades include modern electrical, new flooring, and updated toilets. With strong rental income potential and an R4U ZONING designation, this property offers flexibility for future development or multi-unit expansion. Located in an area experiencing revitalization, this is an excellent opportunity to INVEST in a high-demand rental market. Upper unit is has 1 br and is rented for $1300/mth + Hydro. Main level is rented by rooms with 4 /5 rooms generating $3700/mth(all inclusive). NOI $46,200, CAP 8.4%. Upgrades-Roof 2017, Furnace & Electrical 2013. (id:6673)
MLS® Number | X12021462 |
Property Type | Multi-family |
Community Name | 3402 - Vanier |
ParkingSpaceTotal | 4 |
BathroomTotal | 2 |
BedroomsAboveGround | 5 |
BedroomsTotal | 5 |
Appliances | Dryer, Two Stoves, Two Washers, Two Refrigerators |
BasementDevelopment | Unfinished |
BasementType | Crawl Space (unfinished) |
FoundationType | Block |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
StoriesTotal | 2 |
SizeInterior | 1100 - 1500 Sqft |
Type | Duplex |
UtilityWater | Municipal Water |
Acreage | No |
Sewer | Sanitary Sewer |
SizeDepth | 95 Ft |
SizeFrontage | 33 Ft |
SizeIrregular | 33 X 95 Ft |
SizeTotalText | 33 X 95 Ft |
ZoningDescription | R4e, R4e-c |
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Mazen Jebara
Salesperson