This mixed entry level investment property shows a fair return with a solid commercial tenant in the front as well as long term residential tenants in behind. This property faces right onto the downtown street of Durham, with high exposure for the retail unit, and a separate 3 bedroom home in behind. Income: Commercial tenant pays $1100/month plus own gas and hydro. Residential tenant pays $1350/ month inclusive. Expenses: Residence Hydro $150/month, Residence gas $100/month, insurance is estimated at $1200 annually.
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