Description
MULTI-UNIT INVESTMENT | FULLY TENANTED | CENTRAL VERNON. 7.55% Cap Rate. Four rental income streams with seller-reported rents totalling $8,450/month ($101,400 annualized gross income). This legal duplex with two additional non-conforming suites offers four self-contained 2-bedroom, 1-bathroom units, private entrances, in-suite laundry and approximately 3,625 sq. ft. of finished space. Parking for six vehicles, including two covered spaces. Seller reports approximately $100,000 in improvements during 2024â2025, including kitchen, plumbing, electrical, ventilation and laundry upgrades. Convenient access to shopping, top-rated schools, parks and transit adds tenant appeal. Rent roll, expense summary, floor plans and virtual tours available upon request. Buyers to independently verify financial information, improvements, measurements, permits and suite status. Some photos digitally decluttered.
General Info
| MLS Listing ID: 10398298 | Bedrooms: 8 | Bathrooms: 4 | Year Built: 1971 |
| Parking: Carport | Heating: Forced air, See remarks | Lotsize: 0.18 ac|under 1 acre | Air Conditioning : Wall unit |
| Home Style: N/A | Finished Floor Area: N/A | Fireplaces: N/A | Basement: Full |
Amenities/Features
- Balcony