7-Plex: 5 Residential Apts + 2 Commercial -Waterford, On.
Multi-family in WATERFORD
$427,000
ID#: 19-21
WATERFORD
- 3700 Square Feet
- 8 Washrooms
- 47 x 89 Lot
- Zoning:R2 + Commercial
- Forced Air Heating,Central Cooling
- Town water supply, Town Sewer
- 2009 Taxes: $3,980
7 unit building-2x2 BR & 3x1 BR, 2 Comm units, Retrofit 2010, main breaker panels for each apartment and commercial units, sub electrical panel, historically +++ maintenance , forced air gas heating, separate meters , air conditioned, free parking on municipal lot, 8th & 9th unit addition possible, full open basement commercial use or apartment, 4 car ports at rear of building for 4 main tenants, new roof ’09, 48 hr notice for showings, possible VTB to qualified clients, 42’ frontage by 86.69’ depth, lovely rear view over Waterford Lakes, 8% ROI . Clean tidy building, curb appeal, Secure. Live in 1 unit and still get good return. Central location, close to all business, churches and schools. Easy access from Brantford and commute to Hamilton area. Qualified Buyers only & appointment.
Total Gross Revenue Per Month Per Annum
$4,010.00 $48,120.00
Less vacancy $200.50 $2,406.00
& uncollected rents
Effective Gross Income $ 3809.50 $45,714.00
Sales Rep
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Lake at rear of Parking Lot |
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One of 5 small lakes in immediate area |
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Walk and bike Trail near property |
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View up Main st frontage |
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Front of Building |