Description

Generate annual income of $72,768 with this well-maintained property, offering stable, scalable profitability. A vacant dwelling to renovate to your needs and a vacant commercial space allow you to optimize income immediately. Its excellent current yield and potential for growth make it an ideal opportunity for discerning investors. Seize this unique opportunity to enrich your portfolio with a property that offers multiple possibilities for improvement in the short term.

Addendum

Roof replaced: The roof cladding was replaced between 2010 and 2014.

Optimization opportunity: One of the apartments is in need of complete renovation, offering a great opportunity to improve and increase the value of the building.

Vacant commercial space: A commercial space is currently vacant on the main street, offering potential for increasing rental income.

Acquired right to commercial use: The frontage commercial space is acquired, despite new municipal minimum area requirements.

Connected to municipal services: The building is served by the municipal water supply.

Electricity updated: The electrical panel has been replaced (year not specified).

Description sheet

Features

Potential Gross Revenue

Assessment, Taxes and Expenses