Huge Investment Opportunity Multi-Family Home – Ready for New Owners

Asking $ 425,000
  • Buyer failed to submit earnest on time with first contract.
  • Opportunity for owner occupancy, one side going vacant 5/1/24.
  • Each side is three bedrooms, two bathrooms, and has a convenient one-car garage, nestled in the highly sought-after Parkhill area off Barry Road.
  • Its finished basement, along with an additional sub-basement, offers ample space for various living arrangements or storage needs.
  • Located near major highways and just a 15-minute drive from the airport, it offers both convenience and space for residents.
  • Updated On:
  • May 30, 2024
  • 6 Bedrooms
  • 4 Bathrooms
  • Attached Garages
  • 2,600.00 ft2
  • Year Built:1994
Property Id : 66455
Price: Asking $ 425,000
Property Size: 2,600.00 ft2
Property Lot Size: 9,149.00 ft2
Rooms: 14
Bedrooms: 6
Bathrooms: 4
Year Built: 1994
Garage: Attached
Garage Size: 4
External Construction: Frame
Roofing: Composition
Rent (mo): 3300
ROI (ann): 17.4%
Cashflow (mo): 244
Property Taxes (mo): 280
Insurance (mo): 200
Repairs (mo): 200
Management Fee (mo): 232
Leasing Fee (ann): 1097
HOA (mo): 0
Vacancy Rate (ann): 48
Other Features
back yard
fireplace
storage
Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals
$ 2,545.97
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,014.72

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Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice. The analysis is provided "As Is". All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info.

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