30
68 ROCHESTER Street
Free account required
$850,000 List $868,000 Sold
Sold on: 11/21/2023 40 Days on market
· 0
· 0
· 2
· -
Key Facts
Key facts for 68 ROCHESTER Street
Property Type
Apartment, Duplex - Up&Down
Parking
0 garage, 2 parking
MLS #
1364171
Size
-
Basement
Full, Partly Finished
Listed on
2023-10-12
Lot size
29 x 79
Tax
$6,902 /yr
Days on Market
40
Year Built
1907
Maintenance Fee
-
Description
Benefit from a 2.04% ASSUMABLE MORTGAGE for the next 2 years! INVESTORS: Rarely offered 5.52% Cap Rate! Annual Gross Income of $58,800 split between 2 renovated, turnkey and LEGAL separate units. Both units are owner-occupied. Each is 2 Bed / 1 Bath with market rents of $2,450+ Hydro. $250k+ of ren...ovations. The thoughtful construction of these units emphasizes style, functionality, and longevity. Features include separate Hydro meters, a 2020 Furnace & AC, 2011 windows, stunning quartz countertops, brand-new appliances, and in-suite laundry. This combination ensures a high-yield, low-expense, and minimal-maintenance investment, with a projected NOI of $47,969 & $1072 monthly cashflow. SAVVY HOMEOWNERS: Owner-occupy either unit and have the other unit pay 80% of the mortgage. Nestled in a premier A++ locale, future tenants will be minutes away from Lebreton Flats, LRT, Little Italy, Downtown, and a myriad of restaurants, cafés, and parks. This property is truly a renter's paradise!
Similar Properties (No results)
Courtesy of: RE/MAX HALLMARK REALTY GROUP

Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2023 OREB. All rights reserved.