PRIME INVESTMENT with 4 units in this legally suited side-by-side duplex. One of the units is needing to be updated, but the rest have had a facelift previously. All units are occupied and have long term tenants. Some updates include the new roof 2018, furnaces and hot water tanks 2012. The upper units are both 3 bedrooms with 1.5 bathrooms, and the lower units have 2 bedrooms....for a total of 10 bedrooms and each unit has its own laundry. Outside the units have storage sheds and there's enough parking for 8 vehicles. Total gross rents are currently $4890 with a CAP rate of 4.5%, the net is $3711/month and can easily be over $4200+/month as all rents can be increased to reflect the market and bring you to a 6%+ CAP. This is an ideal rental as you are only a 1/2 block to 66 St for transit, and a few blocks from Millwoods Town Center for everything else. (id:32467)

Ammenities Near By

• Ammenities Near By: Airport, Golf Course, Playground, Public Transit, Schools, Shopping

Building

• Appliances: Dishwasher, Dryer, Hood Fan, Microwave Range Hood Combo, Refrigerator, Washer/Dryer Stack-Up, Stove, Washer, See remarks, Two stoves, Two Washers
• Architectural Style: Bi-level
• Basement Development: Finished
• Basement Features: Suite
• Basement Type: Full (Finished)
• Construction Style: Side by side
• Fireplace: No
• Interior Size: 2360 sqft
• Building Type: Duplex

Features

• Feature: Park/reserve, Lane, No Smoking Home

Land

• Land Size: 388.6 m2

Ownership

• Type: Freehold

Structure

• Structure: Deck

Information entered by RE/MAX Real Estate
Listing information last updated on: 2025-08-01 04:12:27