Lower Town - Sandy Hill - 4002 - Lower Town
Lower Town - Sandy Hill - 4002 - Lower Town
Listed For $738,800
Get Pre-approvedTerminated
Flooring: Tile, Flooring: Hardwood, Rare opportunity! Prime investment – TWO FULLY RENOVATED 1 bed 1 bath UNITS blending modern finishes and old-world charm in the heart of the city. Move in to one unit, rent the other (tenant covers approx. 400k of mortgage) OR rent both units. Main floor (unit A) tenant pays $1750/mth + hydro, 1 parking included, lease until July 31st (wishes to stay). Upstairs (unit B) currently vacant, projected rent $1750 + hydro. Gross annual projected income $42,000. Expenses $7,530. Projected NOI $34,470. Renovations after 2014 include kitchens, bathrooms, windows, electrical (ESA certificate), plumbing, ductwork, landscaped backyard, deck, fence and repaving. Open concept layouts, new front porch & balcony in 2020, in-unit laundry, all appliances included. AC 201
* Values are estimates only and not a guarantee of lending or affordability.
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