Great investment in Lamont. Positive Cash Flow. 4- One bedroom units with parking in back of lot with back alley access. Building has upgrades over the years to show its been well taken care of. Roof was replaced in 2012, Wiring upgrades and Plumbing upgrades. Basement is set up for tenants storage and two sets of Washers and Dryers. Great Downtown location to help with 100% occupancy. Gross rent is $31,800/year with approx. $16400 in fixed and variable expenses. Looking for a great investment to add or start your portfolio this could be the one.
Listed By Gary Gordon of Century 21 Platinum Realty
Disclaimer: Information herein deemed reliable but not guaranteed by the EREB.
Listing information last updated on July 11th, 2020 at 2:41am MDT.