Attention Investors! Fully occupied 6 unit apartment building located in Blenheim. Gross rents $53,892 per year. Property taxes $3,664.41. Hydro/Water costs $14,591.68 per year (hydro heat) Building Insurance $3200 per year. All units are 2 bedrooms. Landlord pays all utilities. Net Income $32,000 per year. Roof replaced in 2017. Unit #1 $850/Month, Unit #2 $817/Month, Unit #3 $720/Month, Unit #4 $720/Month, Unit #5 $817/month, and Unit #6 $817/month. Great opportunity and potential! Tenants require 24-hour notice. Viewings of units can be arranged within 72 hours of an accepted offer. (id:34868)
MLS® Number | 22008972 |
Property Type | Multi-family |
Exterior Finish | Aluminum/vinyl, Brick |
Flooring Type | Carpeted, Laminate, Mixed Flooring |
Foundation Type | Concrete |
Heating Fuel | Electric |
Heating Type | Baseboard Heaters |
Stories Total | 2 |
Type | Multi-family |
Other | 6 |
Acreage | No |
Zoning Description | Res |
https://www.realtor.ca/real-estate/24355965/104-flamingo-street-blenheim
Contact us for more information
Rick Pritchard
Broker
519-381-3499
Janelle Pritchard
Sales Representative
519-381-3499
Denise Mann
Sales Representative
519-381-3499
Phillip Hallman
Broker
519-381-3499