- ©MLS R2948117
- Area 891 sq ft
- Bedrooms 4
- Bathrooms 2
Description
* PREC - Personal Real Estate Corporation. Attention investors!! This unique investment opportunity is a property that is earning a 7% cap rate & has a lot of potential. There are two houses on one lot (2021 & 2029). You can live in one & rent out the other or rent out both places. Each house has its own large size fenced yard & driveway. Each house has two bedrooms & one bathroom, while one of them, has an extra room (den) in the basement. Each property rents for $1,200 each per month (2,400 total) ($28,800 yearly revenue); tenants pay their own gas & hydro. Expenses are city utilities $2,800.00, taxes $3,085.00 & insurance $2,900.00. The yearly net revenue is $20,000.00. (id:48970) Show More
Details
- Constructed Date: 1952
- Property Type: Single Family
- Type: House
- Architectural Style: Ranch
Features
- Forced air
Rooms Details For 2021 SPRUCE STREET
| Type | Level | Dimension |
|---|---|---|
| Den | Basement | 16 ft x 6 ft ,6 in |
| Living room | Main level | 15 ft ,1 in x 11 ft ,3 in |
| Kitchen | Main level | 13 ft ,4 in x 9 ft ,3 in |
| Dining room | Main level | 10 ft ,2 in x 8 ft ,8 in |
| Primary Bedroom | Main level | 11 ft ,6 in x 11 ft ,6 in |
| Bedroom 2 | Main level | 11 ft ,6 in x 9 ft ,7 in |
| Living room | Main level | 13 ft ,4 in x 10 ft |
| Kitchen | Main level | 12 ft x 6 ft ,6 in |
| Primary Bedroom | Main level | 13 ft ,8 in x 10 ft ,9 in |
| Bedroom 3 | Main level | 10 ft ,1 in x 10 ft |
Location
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association
Data provided by: BC Northern Real Estate Board
Fara Ghafari, 88 West Realty
Fara Ghafari is a licensed real estate agent as well as a REALTOR® in CREA and an expert in rental and for-sale properties at 88 West Realty.