648-654 Wardlaw Avenue

$2,125,000

10238734
MLS#
12
Bed
8
Bath
4727 sqft
sqft

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Description

MULTIFAMILY INVESTMENT OPPORTUNITY Fully rented legal 4plex with 4 titles grossing over $99,000 a year. Two 4 bedroom 2.5 bath units, and two 2 bedroom 1 bath units totalling over 4,700 square feet. Recently renovated in 2015/16. Full detached 4 car garage in the backyard (rented to the 4 bedroom units only), with extra uncovered parking available. This 4 door unit is a 5 minute walk from the beach, in a great location near tennis courts, biking routes, ball diamonds, schools, shopping, transit and so much more. Any amenity you could possibly need, literally only minutes away. Currently self-managed and maintained by the owners. Tenants maintain yard/lawn. Expenses of annual insurance and property taxes are about $13,000, and tenants pay their own utilities. Cap rate positive! 3D Walkthroughs and Property Packages available, call today for more info!

Overview

  • Price $2,125,000
  • MLS # 10238734
  • Age 2008
  • Stories 2
  • Size 4727 sqft
  • Bedrooms 12
  • Bathrooms 8
  • Exterior Wood siding, Stucco
  • Cooling Central Air Conditioning, Wall Unit
  • Water Municipal water
  • Sewer Municipal sewage system
  • Flooring Ceramic Tile, Hardwood, Slate

Contact Scott for more information or to set up a viewing.

Contact Us (250) 470-2388