Welcome to an exceptional investment opportunity that you won't want to miss! This 5-plex offers tremendous potential for real estate investors with multiple units currently renting below market value, this property presents an exciting chance to increase returns & maximize profitability. Situated minutes to Orleans & Navan, this 5-plex boasts 3 two-bedroom apartments & 2 one-bedroom apartments & with a consistently full occupancy rate, ensuring a steady stream of rental income for savvy investors. Each apartment offers its own parking & outdoor storage, enhancing the overall appeal for potential renters. 4 individual electrical meters for convenience & control. The landlord currently covers electricity for the common areas and apartments 4 and 5. This is your chance to capitalize on a promising real estate investment that promises consistent returns and long-term growth. Don't let this opportunity slip away - schedule a viewing now and seize the potential that awaits at this 5-plex!

Income

Rental Income $57,720.00
Laundry Income $0
Parking Income $0

Total Income $57,720.00

Expenses

Property Taxes $3,900.00
Insurance $6,347.00
Hydro $4,320.00
Water Treatment Maint. $1200.00
Lawn & Snow Clearing $2,000.00

Utilities are paid by the tenants

Total Expenses $17,767.00

Net Operating Income $39,953.00


Brought to you by:
Edmundo Roa
Sales Representative
Capital Homes Team
www.edmundoroa.ca
eXp Realty Inc.
MLS: 1383273