575 EVERGREEN DRIVE, Port Edward | $599,000

Evergreen Apartments is located in sunny Port Edward, situated on an extensive flat 14,334 sq. ft. lot across from a ballpark and close to a marina. This building features eight 1-bedroom units and a common area for laundry facilities. Each unit is equipped with baseboard heating and has its own hydro meter. The property is generating cash flow, and professional property management is already in place. The gated backyard provides ample parking and storage options. With potential for optimization in the coming years, this building promises long-term value appreciation. Currently, the property is generating rental income of $5,097.87 per month. * PREC - Personal Real Estate Corporation

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Description

Evergreen Apartments is located in sunny Port Edward, situated on an extensive flat 14,334 sq. ft. lot across from a ballpark and close to a marina. This building features eight 1-bedroom units and a common area for laundry facilities. Each unit is equipped with baseboard heating and has its own hydro meter. The property is generating cash flow, and professional property management is already in place. The gated backyard provides ample parking and storage options. With potential for optimization in the coming years, this building promises long-term value appreciation. Currently, the property is generating rental income of $5,097.87 per month. * PREC - Personal Real Estate Corporation

General Info

MLS Listing ID: C8066956 Bedrooms: 0 Bathrooms: 0 Year Built: 1970
Parking: N/A Heating: N/A Lotsize: 0.32 ac Air Conditioning : N/A
Home Style: Outside Storage Finished Floor Area: N/A Fireplaces: N/A Basement: N/A

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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 .