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195 Lerose Street, Trail | $375,000

INVESTOR alert! 2 units: revenue-ready 3-bedroom + den main suite and bright 1-bedroom lower suite, both vacant October 31 so you can set full market rents. Lower suite has quartz counters, upgraded cabinets, flooring, shower tile surround, and a separate entrance. Main suite offers a generous eat-in kitchen, sensible layout, excellent storage options up or down, and a small balconette. Major upgrades: new sewer line (2024) with lift station + sump system, furnace (2024) and hot water tank (2026). Two electrical panels, shared laundry, low-maintenance yard, one off-street parking spot. Quiet residential street close to bus routes and next to public stairs. Historically a consistent revenue performer with long-term tenants. Market rents approx. $1,900 up / $1,100 down (based on comparable W. Trail rental properties). Strong income potential with the bonus that you choose your tenants from day one. OR live in one unit and rent the other - mortgage helper!

Description

INVESTOR alert! 2 units: revenue-ready 3-bedroom + den main suite and bright 1-bedroom lower suite, both vacant October 31 so you can set full market rents. Lower suite has quartz counters, upgraded cabinets, flooring, shower tile surround, and a separate entrance. Main suite offers a generous eat-in kitchen, sensible layout, excellent storage options up or down, and a small balconette. Major upgrades: new sewer line (2024) with lift station + sump system, furnace (2024) and hot water tank (2026). Two electrical panels, shared laundry, low-maintenance yard, one off-street parking spot. Quiet residential street close to bus routes and next to public stairs. Historically a consistent revenue performer with long-term tenants. Market rents approx. $1,900 up / $1,100 down (based on comparable W. Trail rental properties). Strong income potential with the bonus that you choose your tenants from day one. OR live in one unit and rent the other - mortgage helper!

General Info


MLS Listing ID: 10402098 Bedrooms: 4 Bathrooms: 2 Year Built: 1937
Parking: Offset Heating: Baseboard heaters, Forced air, See remarks Lotsize: 0.06 ac|under 1 acre Air Conditioning : N/A
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: Full

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .