MLS®: 30717117 Status: For sale

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$574,900
Location:

218 Edinburgh Road S, Guelph Ontario, N1G2J4

218 Edinburgh Road S, Guelph Ontario
Description:
Looking for a TURN-KEY INVESTMENT that actually CASHFLOWS? Well you've found it! $40k in annual rents, 5.4% cap rate, leases signed until April 2020. Located in the Old University neighbourhood, close to the university, downtown and on bus routes its no wonder this is a favourite location for students and families alike. This property is the perfect addition to your portfolio. Upper unit has 4 bedrooms and a LEGAL 1 bedroom accessary apartment has a separate exterior entrance. Both units are already rented (ask for the financials, they're great!), you just need to collect the rent cheques! Plenty of parking, a two car carport and large backyard. Opportunities like this don't come along every day, so - don't delay, Get Moving! (id:2471)
Property:
Type: Multi-family
Acreage: under 1/2 acre
Sewer: Municipal sewage systemWater: Municipal water
Parking Type: Carport
Structure:
Age: 1948
Style: DuplexSquare Footage: 1546 sqft
Heating: Radiant heat, Boiler
Heating Type: Natural gas
Cooling Type: None
Exterior: Brick, Wood
Foundation Type: Block
Fireplace: Other - See remarks, Fuel: Gas
Features:
Double width or more driveway Paved driveway   
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218 Edinburgh Road S, Guelph Ontario

Grand West Realty Inc., Brokerage


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519-740-3030



Listing Office: PROMOVE REALTY BROKERAGE INC.

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