Huge potential of 19% ROI on deposit and 5.9% cap rate but NEEDS A LITTLE WORK (see supplements). 42 Railway is an up and down duplex zoned R3 with two finished units. The 6ft basement is unfinished but good for storage. The main floor has 3 bedrooms, 2-4pc baths (one with laundry) and the 2nd floor has two bedrooms, 1-4pc baths and 1-2pc bath with laundry. The detached double car garage can be used for storage or it can be reverted back to parking cars. The owner will be rewiring the lines in the basement over the coming weeks. Currently vacant, the owner got $1450/mo for the main floor and $1,300/mo for the second floor. There is only one power meter, owner pays the utilities. CLICK ON THE MULTI-MEDIA ICON TO SEE THE WALK-THRU VIDEO (id:51532)
| Property Summary |
|---|
| Building |
|---|
| Level | Rooms | Dimensions |
|---|---|---|
| Second level | 2pc Bathroom | 4.11x7.90 |
| Kitchen | 6.2x6.7 | |
| Dining room | 6.6x15.5 | |
| Bedroom | 10.7x13.2 | |
| Bedroom | 11x12.1 | |
| 3pc Bathroom | 5x5.10 | |
| Living room | 11.6x11.9 | |
| Main level | Dining room | 6.6x15.5 |
| 3pc Bathroom | 6.9x7 | |
| Kitchen | 7.5x8.5 | |
| Bedroom | 7.5x12.7 | |
| Bedroom | 10.5x11.1 | |
| Bedroom | 8.1x10.2 | |
| 3pc Bathroom | 6.4x7.11 | |
| Living room | 13.2x16.8 |
| Features | |||||
|---|---|---|---|---|---|
| Paved driveway | Detached Garage(2) | Street Lighting | |||
