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SPACIOUS, OPEN CONCEPT, 1 BEDROOM APARTMENT UPSTAIRS. MAIN FLOOR IS A BIG, 2-BEDROOM APARTMENT. BASEMENT IS PART OF MAIN FLOOR APARTMENT. LIVING ROOM + REC ROOM + 2 BATHROOMS. SOLID BRICK, 2 STOREY BUILDING. QUIET STREET. PARKING FOR 4 CARS. R2 ZONING. USE AS INCOME PROPERTY OR AS SINGLE-FAMILY HOME... OR LIVE IN ONE UNIT & RENT THE OTHER TO SUPLEMENT COSTS. UPPER APARTMENT ($931.99/MO.X 12 MO.) = $11,172.00 + MAIN FLOOR APARTMENT $710.00/MO. x 12 MO.) = $8,520.00 FOR TOTAL YEARLY NCOME $19,682.00. EXPENSES (INSURANCE $1,745.25) + (GAS $1,619.27) + (ELECTRICITY $1,639.17) + (PROPERTY TAXES $1,184.60) + (REPAIRS & MAINTENANCE $1,573.76) + (WATER $1,840.87) + (ESTIMATED MANAGEMENT $1,375.00) + (ESTIMATED VACANCY & BAD DEBT $985.00) = TOTAL EXPENSES $11,962.92. NET OPERATING INCOME APPROX $7,719.08. BSM'T TENANT SUSCEPTIBLE TO DISEASE & REQUESTS MASKS BE WORN. (id:10452)
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