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560 STEWART ST Renfrew, ON K7V 1Y6
0.52 Acres Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1377836
Year Built 1972
Annual Tax Amount $7,200
Tax Year 2023
Lot Size 0.520 Acres
Property Sub-Type Retail
Property Description
Three residential units plus one Commercial Retail {currently rented as a Garage and Car Rental $2500 a month , tenant been there for a while no lease and he pays own hydro, with newer Garage doors}. 3 - 1 Bedroom apartments upstairs located in the back of the Building, rents are as of first may 2024 .$686,$686,$662, vendor pays heat and hydro. Building is heated with Forced Air, Newer gas furnace and is vinyl sided. Tenant parking is at the back of building. Approx. 30 parking spots for retail space at front of building. partial of the roof is new. OWNER SPENT $15000 IN UPGRADES RECENTLY .Insurance - 4400/yr, Hydro Apx - $2,809/yr, Gas Apx - $2370/yr, Water/Sewer Apx - $2,873/yr, PROPERTY TAXES $7200 Property has four bathrooms total.GROSS INCOME $54408 .OPERATING COST$19652
NET $34756 ALL TENANTS ARE MONTH TO MONTH INCLUDING THE COMMERCIAL UNIT
NET $34756 ALL TENANTS ARE MONTH TO MONTH INCLUDING THE COMMERCIAL UNIT
Location
Province ON
Listed by COLDWELL BANKER SARAZEN REALTY