
480 Drew St (Ritson S And Hwy 401)
Price: $1,500,000
Status: For Sale
MLS®#: E5492602
- Tax: $5,611 (2021)
- Community:Central
- City:Oshawa
- Type:Residential
- Style:Multiplex (2-Storey)
- Beds:8
- Bath:4
- Basement:Apartment (Sep Entrance)
Features:
- ExteriorAlum Siding
- HeatingForced Air, Gas
- Sewer/Water SystemsSewers, Municipal
- Lot FeaturesPublic Transit
Listing Contracted With: RE/MAX JAZZ INC., BROKERAGE
Description
Start Or Add To Your Portfolio With This Smooth Running Legal Five Plex. Great Location, Close To Hwy 401, Durham Transit Route And Just Steps To The Future Metrolinx Train Station On First Avenue. Three 2Br Units & Two 1 Br Units, 4 Tenants Are Separately Metered For Hydro. Forced Air Gas And Central Air Paid By Landlord (Connected Through Unit 4 Hydro Meter). Parking For Six Cars. Excellent Tenant Mix And Coin Laundry On Site. Upside With Market Rents!
Highlights
Rental Income (W/Laundry) - $73,317, Expenses - $13,060, Net Income - $60, 256. Details Attached To Listing. Building Was Renovated In 2012 W/Windows, Furnace, Roof In 2008. Unit 3 Is Completely Renovated W/Kitchen, Bath, Flooring, Paint.
Want to learn more about 480 Drew St (Ritson S And Hwy 401)?

Joann VISAretis Residential Sales Representative, SSR, ABR, Feng Shui Certified
REMAX JAZZ INC., BROKERAGE
VISA...all you really need!