Description

Great investment property. This duplex is move in ready. Half occupied, the unit is receiving $1,250 a month. The other unit is vacant and is expected to bring another $1,250 which would be a combined total of $2,500 monthly. The property has a two new furnace and two new hot water tanks as of 2025. These estimates are conservative since CMHA will pay $1,683 for a 3 bedroom unit. That would bring monthly rent to $3,366 potentially or $40,392 annually. The exterior has been painted and all lead issue eliminated. Just add this to your portfolio, place tenants and collect rent. Huge Income potential. The seller would prefer to sell the property...read more