7-Plex: 5 Residential Apts + 2 Commercial -Waterford, On.

Multi-family in WATERFORD

$427,000

Rear View + 4 Tenant Parking

ID#: 19-21

WATERFORD

3700 Square Feet
8 Washrooms
47 x 89 Lot
Zoning:R2 + Commercial
Forced Air Heating,Central Cooling
Town water supply, Town Sewer
2009 Taxes: $3,980

7 unit building-2x2 BR & 3x1 BR, 2 Comm units, Retrofit 2010, main breaker panels for each apartment and commercial units, sub electrical panel, historically +++ maintenance , forced air gas heating, separate meters , air conditioned, free parking on municipal lot, 8th & 9th unit addition possible, full open basement commercial use or apartment, 4 car ports at rear of building for 4 main tenants, new roof '09, 48 hr notice for showings, possible VTB to qualified clients, 42' frontage by 86.69' depth, lovely rear view over Waterford Lakes, 8% ROI . Clean tidy building, curb appeal, Secure. Live in 1 unit and still get good return. Central location, close to all business, churches and schools. Easy access from Brantford and commute to Hamilton area. Qualified Buyers only & appointment.

Total Gross Revenue Per Month Per Annum

$4,010.00 $48,120.00

Less vacancy $200.50 $2,406.00
& uncollected rents

Effective Gross Income                        $ 3809.50              $45,714.00

Murray Gibbons,
Sales Rep