$514,900

6 Caroline Street

Ramara Ontario, ON Canada L3V 1A2

bedroom icon3 + 3 Bedrooms

bathroom3 Bathrooms

Square icon2,824 SqFt

6 Caroline Street, Ramara Ontario, ON Canada L3V 1A2

Turnkey Prime Investment Opportunity Ideally Situated Near The Shores Of Lake Simcoe! 2,800+ Sqft. Raised Bungalow, All Legal Triplex, With All Major Upgrades Completed. Invest In Real Estate! 5.2% Cap Rate. Large 66X264 Ft Lot Surrounded By Trees For Ample Privacy. Lots Of Parking! Beautiful Location Surrounded By Marina's, Hiking Trails, & Restaurants.
UPGRADES: • New Roof – 2017 • New Bathroom in Upstairs Apartment – 2018 • Kitchen Flooring – 2018 • New Gas Boiler System from Electric – 2017 • New Laundry Room with Coin Operated Machines – 2017 • New Mechanical Room – 2017 • Floor Drains Cored in Laundry Room • Vinyl Plank Flooring in Basement Throughout – 2018 • Pump Systems – 2019 • New Water Softener • All Legal Triplex • New Septic – 2014 INCOME: Unit 1: 1 Bedroom (Upstairs) Current: $850 / Mnth (Potential: $1,100) Unit 2: 2 Bedroom (Upstairs) Current: $930 / Mnth (Potential: $1,300) Unit 3: 3 Bedroom (Basement) Current: N/A, Currently VACANT. (Potential: $1,500) Coin Laundry: $80 Monthly All Tenants Month to Month. Total = $3,280 / Mnth. $40,320 Gross Income EXPENSES: Hydro: $3,723 Gas: $1,843 Insurance: $2,940 Snow Removal: $500 Grass Maintenance: $600 Sump Pump: $400 Property Taxes: $2,739 Total = 12,745

Property Details:

Bedrooms:
3 + 3
Bathrooms:
3
Type:
Detached / Bungalow-Raised
Property Tax:
$2,739 / 2019
 

Extras:

Garage:
None
Central Air Conditioning:
Yes
Basement Finished:
Finished / Sep Entrance
Lot Size:
66 x 264 Ft
 

Key Details:

Listing ID:
S4691254
Age:
48
Acreage:
< .50
 
 
Name: Curtis Goddard
Phone: 905.252.8599
E-mail: curtis@curtisgoddard.ca

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Name: Curtis Goddard

Phone number: 905.252.8599
E-mail: curtis@curtisgoddard.ca

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