32 David Street Edwardsburgh/cardinal, Ontario K0E 1X0
$1,499,900
Discover 32 David, an exceptional Fourplex nestled in Spencerville, Ontario. Comprising four individually titled attached bungalows, these units offer 2 bedrooms, 1.5 baths, and an array of modern conveniences. Step inside to find elegant kitchens with granite countertops, ample cupboard space, and stainless steel appliances. The attached garages provide inside entry, while the backyard patios offer a retreat for residents. Each unit includes an unfinished basement with legal egress windows, presenting a prime value-add opportunity finish the space and add a third bedroom to significantly increase rental income and property value. With stackable washer/dryers and a well-designed layout, this property is built for both comfort and investment growth. Each unit is currently rented for $2,207 plus utilities, with rent increasing to $2,260 per month on April 1, 2025, for two units and on July 1, 2025, for the remaining two units. The annual rental income is currently $105,936, with a Net Operating Income (NOI) of $88,332, and will increase to $90,876 once the rent adjustments take effect. Estimated expenses include property taxes of $10,588, insurance of $4,280, and sewer charges of $2,736. Located in a peaceful neighborhood, 32 David offers easy access to local amenities and recreational facilities, making it an ideal choice for tenants seeking a tranquil yet convenient lifestyle. A rare opportunity to enhance income potential - don't miss out on this investment! Schedule your viewing today! (id:44758)
商业信息
| 商业类型 | Residential |
| 商业子类型 | Apartments |
房源概要
| MLS® Number | X11947971 |
| 房源类型 | Multi-family |
| 社区名字 | 807 - Edwardsburgh/Cardinal Twp |
| 总车位 | 4 |
详 情
| 浴室 | 4 |
| 总卧房 | 8 |
| 赠送家电包括 | 洗碗机, 烘干机, Hood 电扇, 微波炉, 冰箱, 炉子, 洗衣机, Water Treatment |
| 空调 | 全物业配备空调 |
| 类型 | Multi-family |
| 设备间 | Drilled Well |
土地
| 英亩数 | 有 |
| 不规则大小 | 1 |
| Size Total | 1.0000 |
| 规划描述 | R3-6 |
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Ottawa Real Estate Board
Exp Realty
January 30 2025 09:23:45
