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Incredible cash flow opportunity with this unique 7-bedroom rental property in Huntington. The current landlord is cash flowing over $1000 per month after expenses on a room-to-room rental basis. (rent-roll and proforma available upon request) On the main level you will find three good sized bedrooms, 4-piece bathroom and expansive open plan living area. The large kitchen benefits from lots of cabinet space and eat up island, whilst the main living area is spacious and flooded with natural light. On the lower level you will discover the recently LEGALIZED basement suite, which has its own side entrance. The legal suite occupies 4 separate bedrooms, full bathroom, kitchen dining area and shared laundry. One of the best features of the property is its location. It sits at the end of the row with greenspace to the side and behind, perfect for a rental of this style as there is limited chance to upset the neighbours. There is also an abundance of parking which again helps reduce disruption. Furthermore, the property has lots of storage and benefits from on demand hot water, ideal for 7 tenants. Some recent upgrades include: New roof on home and garage July 2020, new soffit and eavestrough of garage July 2020, new garage door opener and garage door summer 2020, furnace replaced for high efficiency summer 2020, all 4 basement windows replaced with full egress, installed Cat 6 networking through the entire house with 2 jacks per room and living room, installed 11 hardwired wirelessly interconnected smoke alarms/CO detectors, installed sprinkler head in mechanical room, replaced suspended ceiling for drywall over the entire basement, secondary suite legalized under BP2021-00345. (Rent-roll and proforma available upon request)
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Listing information last updated on May 11th, 2021 at 12:45am MDT.