381-383 MONTREAL ROAD$1,700,000

Fully-leased mixed-use building on corner lot. Tenants pay their own hydro, separate meters (four), Natural Gas boiler/ radiators (replaced 2020).Roof replaced 2009 and 2022, Windows replaced 2005. Second floor units have fridge, stove, washer and dryer (apts #1 & #2). Foundation repaired and new cement veranda with metal roof 2020. All Units renovated (electrical and plumbing) in the last five years. Main tenant 2 more years on leases. Commercial tenants pay their portion of property taxes $400.00 per month ($4800.00 per year). Zoned mixed use (commercial & residential).Existing mortgage is at residential rate. Total expenses are $20,840 (including taxes, insurance & utilities). The total annual gross income is approx. $103,800.00 and the total annual net income is approx. $82,959. (id:46641)