87 Brybeck Crescent , Kitchener
Hardworking 6-plex in Great Area
All information, while not guaranteed, is from sources deemed reliable, but is subject to errors, omissions, corrections, changes in price, prior sale or withdrawal from market without notice.Status: Active
Price:
$549,900.00
Address: 87 Brybeck Crescent , Kitchener | Near: Westmount and Gage
Listing Type: Multi-Family
| Property Type: SIXPLEX
Bedrooms: Not Applicable
| Bathrooms: Not Applicable
Age: 40-60 years old | Number of Units: 6 (4 2's and 2 1's) | Zoning: R7 | Lot Dimensions 70x147 feet
Laundry: Shared coin-op | Heating: Hot Water Natural Gas
Solid construction sixplex! Can't re-build at list price! Same owner last 35 years-now someone else's chance! Rare opp to own in desirable, stable "urban commuter" demographic just south of prestigious Westmount! Boiler 2001. Generously sized units. Two units freshly painted and carpeted. Exceptional prospect for aggressive operator. Why buy stick building when you can have cement for same price?
Do not miss out - two freshly painted and carpeted units are ready to view.
Income |
Expenses |
||||
| Rental Income: | $52,958.00 | Condo Fees: | N/A | Garbage: | $830.00 |
| Laundry Income: | $365.00 | Taxes | $6,331.00 | Repairs: | N/A |
| Parking Income: | N/A | Utilities: | $9,140.00 | Vacancy: | N/A |
| Other Income: | $672.00 | Insurance: | $2,780.00 | Maintenance: | $300.00 |
| Management: | N/A | Equipment: | N/A | ||
Net Income: |
$34,614.00 |
||||
Cap Rate: |
6.29 |
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|
RENT ROLL AS OF |
| UNIT NO.: |
NO. BR's |
LEASE EXPIRY |
LAST MONTHS RENT |
RENT |
|
1 |
698.00 |
698.00 |
||
|
2 |
639.20 |
639.20 |
||
|
3 |
755.00 |
755.00 |
||
|
4 |
Projected (Vacant) |
790.00 |
790.00 |
|
|
5 |
Projected (Vacant) |
819.00 |
819.00 |
|
|
6 |
712.00 |
712.00 |
||
|
TOTAL: |
0.00 |
4,413.20 |
