Awesome opportunity for FIRST TIME BUYERS OR INVESTORS to own a quality 2-apartment home! With the basement bringing in $850/mth POU a purchaser can live in the main unit for approx only $600/mth based on a 5% downpayment, 5-year fixed mortgage (calculated at 2.82%, so if you have a lower rate, it gets even better!). An Investor can make serious cash flow here! The market rate for the main unit is currently $1300-$1500/mth POU, so you are looking at $2100-$2500/mth rental income. Well, with a 20% downpayment on a 30 year mortgage, the payment is under $1100/mth (Calculated using a 5-year fixed at 2.82%)! Live in this home or buy it is a rental, you choose how to win! The property is in a convenient East End location, close to many amenities, institutions, and highway access. The main unit is a spacious 3 bedroom with additional space in the basement that can be a recroom or office/den. The main unit shows very well, has fresh paint, and flows nicely to the large rear patio. The basement apartment is an open concept 2 bedroom with grade level entry, and has in unit laundry. This apartment has been nicely renovated in recent years and shows excellent. The rear yard is fully fenced and offers a storage shed. The roof was just replaced this year and the home has all vinyl windows! Come check it out today. (id:47053)
