Cash Purchase Deal
| Annual Gross Rent | $30.000 |
|---|---|
| Management Fee | $3.000 |
| Property Tax | $1.587 |
| Insurance | $900 |
| Net Annual Income | $24.513 |
| Net Return on Investment (ROI) | %18 |
|---|---|
| Payback Period | 5.7 yrs |
Description
This large multi-family home is located in the heart of the Waterloo Art District in North
Collinwood, right next to the Lakefront and close to the new
Amazon facility.
The property is divided into two large apartments. You have a large two bedroom
apartment downstairs and a large two bedroom apartment upstairs. The property will
be renovated by Global Investments best contractors and will be supplied rent ready to
a Section 8 standard.
When complete the management company will place brand new vetted tenants. Each
apartment should achieve $1,000 – $1,250 in rent each month with Section 8 housing.
Details
Updated on October 23, 2026 at 12:11 pm- Price: $140,000
- Property Size: 1844 Sq Ft
- Bedrooms: 4
- Bathrooms: 2
- Property Type: Multi Family
- Property Status: 18% Net Return
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