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412 Simcoe St N | Oshawa ON | 7194277347

For Sale By Owner Inc.

This listing was posted on For Sale By Owner Inc..

$1,390,000

Beautiful maintained 4 PLEX with great potential!

Price:
$1,390,000
BR/BA:
9 BR, 4 BA
Location:
412 Simcoe St N, Oshawa, ON
Description:

Lucrative investment opportunity with significant upside. Fantastic 4 unit property low maintenance property is located in O'neill, Oshawa. Can be purchased for OWNER-OCCUPIED with up to $3400 in rental income to assist with your mortgage OR held as an investment property. This property features four spacious, with 2 updated residential units, each with its own unique layout. The units include three two bedroom units and one three-bedroom. This property is situated in a thriving and in-demand area, making it an attractive option for potential renters. Property us located amongst high end homes and backs onto the Alexander park. With easy access to public transportation, local shopping, and restaurants, tenants will enjoy the convenience of city living at its finest. Approved plans/drawings for a basement walkout with the potential to add a fifth unit. FINANCIALS: Fully tenanted to A+++ tenants. Current Gross Income: 62k, plus approx. $900 in laundry income. Operating Expenses: Approx. 25k. Income before mortgage payments; $37,900 IF Owner Occupied: You can count on Approx. $3430 per mth in rental income towards your mortgage. Great Opportunity and amazing property. Serious inquiries only.
Property Type:
Real Estate
Sq feet:
4,500 sq. ft.
Amenities:
Parking
For sale by:
By Owner
Posted:
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More About this Listing: Beautiful maintained 4 PLEX with great potential!
Beautiful maintained 4 PLEX with great potential! is a 9 Bedroom 4.5 Bath Property for Sale at 412 Simcoe St N in Oshawa ON. Find other listings like Beautiful maintained 4 PLEX with great potential! and listings near 412 Simcoe St N by searching Oodle Classifieds for 9 Bedroom 4.5 Bath Property for Sale in Oshawa ON.