Orleans - Cumberland and Area - 1102 - Bilberry Creek/Queenswood Heights
Orleans - Cumberland and Area - 1102 - Bilberry Creek/Queenswood Heights
Sold For$700,000
Sold Jun 2022
Flooring: Tile, Flooring: Vinyl, The CASHFLOW COW you’ve been waiting for! INVESTORS: Rarely offered 5.29% Cap Rate. Annual Gross Income of $44,327 split between 2 newly renovated, tenanted, turnkey & LEGAL separate units. Upper Unit - 3 Bed/1 Bath & rents for $2,019+Hydro (MtM). Lower Unit - 2 Bed/1 Bath, rents for $1,675+Hydro. Both have been built with design, function, and durability in mind. In addition to the state-of-the-art and incredibly efficient boiler system, separate Hydro meters, and low taxes, the Timeless white kitchens, Quartz countertops, New Appliances, In-suite laundry, and Luxury vinyl floors, provide the perfect ultra Low Expense and Low Maintenance investment opportunity! NOI $37,056. Huge 60x100 corner lot with 36ft oversized garage! Pre-Inspection Available upon re
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