10 Pearl AVENUE

Key facts

• Property type: Multi-family
• Transaction: For Sale
• Price: $379,000
• Lot size: 21000.00
• Year built: 1988
• Parking: 6
• Listing key: 29491738

Listing overview

Excellent investment opportunity to own a well-maintained multi-family property located approximately 20 km from Melville. This wheelchair-accessible building offers approximately 5,500 sq. ft. of living space on a large 140 x 150 ft. lot and features 7 rental suites, including four 1-bedroom units, two 2-bedroom units, and one bachelor suite. All units are in good condition and offer comfortable living in a quiet community setting. Property features include a spacious common area, shared laundry, private patio space for each unit, nicely maintained green space, and 6 electrified parking stalls at the front of the property. Approximate gross rental income is $68,400/year with estimated operating expenses of $29,000/year, resulting in an approximate NOI of $39,400/year. All measurements and projections are approximate and should be verified by interested parties. (id:25314)