Money maker - solid brick house legal 3-family prime location in Longwood area, $217.4/year extremely low property tax, 9/26/2020 done new roof, well maintained 3b/1b over 3b/1b over 2b/1b over fully finished full basement with 1 full bathroom, built in 2004, 4 electricity meters and 3 gas meters, fenced yard. Close to public transportation including 6 train express and local station, 2 & 5 train stations, easy access to major highways, close to all including restaurants, supermarkets, banks and post office... Rental income: 1st floor 2-bedroom apartment with city-paid tenant for $1700/month; 3rd floor 3-bedroom apartment with city paid tenant for $2000/month; 2nd floor fully renovated 3 bedroom, 1 bathroom apartment, shiny hardwood floor throughout, fresh paint, plenty of nature daylight, good tenants expected to move in soon with monthly rent $2100/month; Basement is expected to bring in more income if utilized as storage, etc. Stable high rental income with easy management and low maintenance cost brought CAP rate to approximately 6.5% (potential 8+%), a must see and a good buy, won't last. Information Is Deemed Reliable But Not Guaranteed. All Information Subject To Buyer's Verification Independently. No Offer Accepted Until Fully Contract of Sale.
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