$949,000 | Terrace for Sale at 3330 River Drive Terrace

This revenue property is a great investment with strong returns. The property is made up of an eight-plex building with one bedroom units, fully rented , many with long term tenants. The main house features one side with a four bedrooms / one bathroom unit, presently rented, and a one bedroom unit that needs a bit of polishing before it could be rented as well. It would also work well for an on-site property manager. The rental building has had numerous updates over the years . Units 3 and 4 have been totally renovated . The eight-plex building has newer hot water tanks and recent foundation and drainage work. All units have independent electrical services. Various other outbuilding are suitable for storage, workshops, or redevelopment. * PREC - Personal Real Estate Corporation (id:6289)

Map, Demographics, Characteristics