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**Attention Savvy Investors** This is your chance to create generational wealth with this spectacular purpose built turnkey student rental property with ~3500 of finished living space and generating 111k in annual rents (Fully Leased). 9 minutes to Queens U and fantastic area amenities. Main house features 4 Beds 2 Baths with BRAND NEW LEGAL addition adding 5 Beds + 3 Dens & 3 Baths to this cash flow machine. FEATURES INCLUDE: 2 Kitchens, 1 Kitchenette, w/4th roughed in, 4 Fridges, 2 Stoves, 2 microwaves, 3 laundry pairs, 2 TV's, 2 decks, detached garage, 3 water heaters (owned), 2 electrical panels w/sub panel, carpet free with hardwood/vinyl/ceramic flooring, glass showers, electric fireplace, & select furniture. Very efficient as tenants pay all utilities due to separate hydro meters, heated flooring, and electric baseboards all with separate thermostats. Very low operating and capital costs make this a cornerstone property for a first time investor or a pinnacle addition to any portfolio. (id:10452)
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|Architectural Style||2 Level|
|Square Feet||2167 sqft|
|Days On Our Website||82|
|Basement||Finished - Full (Finished)|
|Lot Dimensions||38 x 119|under 1/2 acre|
|Air Conditioning||Wall unit|
|Heating||Electric - Baseboard heaters, Radiant heat|
|Parking Type||Detached Garage,Detached Garage|
|Sewers||Municipal sewage system|
Listing Office: RE/MAX Escarpment Realty Inc.
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