Not your traditional investment property. 2 duplexes, 2 separate PID's, 1377 ft of Cornwallis River frontage, 6.4 acres, RV storage pavilion, detached single car garage, 2989/2991 built in 2008, 2993 built in 2010. All units in impeccable condition. 2 - 2 Bedrooms units, 2 - 1 Bedroom units. Currently, the 'garage' main level 1 bedroom is rented at $1,650 including utilities, upper level, same building, market rent of $1,650 including utilities, available for you to find suitable tenant. In the main house, the left side of the duplex is rented at $1,550 plus utilities. Right side is owner occupied, and would fetch minimum $2,200 plus utilities. Total potential income $84,600. NOI - $ 65,921, Cap Rate - 7.16%, ROI - 6.54% (id:51532)
Tags
Property Summary
Property Type
Multi-family
Building Type
Fourplex
Community Name
Coldbrook
Title
Freehold
Land Size
6.4228 ac
Built in
2008
Parking Type
Gravel,Parking Space(s),Shared
Building
Interior Features
Appliances Included
Stove, Dishwasher, Dryer, Washer, Microwave Range Hood Combo, Refrigerator
