Outstanding turnkey investment property with approximately a 5. 5% annual caprate with an annual income of approximately $56170 with approximately annual expense of $ 16542 therefore $56170-$16542 = $ 39628 (as shown in the documents ) . Currently boasting up to date rents from tenants who have been there a few years that are currently month to month and have a history of paying on time. Simply give the tenants your email address and start collecting each month. Just take over and do nothing. You can own a well maintained property. (id:4555)
Property Specs
Listing ID25014102
Address12346-48 ARBOUR STREET
CityTecumseh, ON
Price$739,900
ConstructionAluminum/Vinyl, Brick
FlooringCeramic/Porcelain, Laminate
Land Size50 FT X 150 FT
TypeApartment
StatusFor sale
Extended Features
OwnershipFreeholdBuilding AmenitiesLaundry Facility, Shopping AreaCoolingCentral air conditioningFoundationBlockHeatingForced air, FurnaceHeating FuelNatural gasDate Listed2025-06-04 18:01:42Days on Market74
