I have listed a new property at 33 LAKESHORE DRIVE in Morrisburg.
SIX PLEX - fully tenanted with GROSS ANNUAL INCOME - $45,540.00 AND NOI OF $33,951. This converted century old Victorian style home built in the early 1900s still retains much of its historical charm. In an area of stately homes, located on the south side of Lakeshore Drive, tenants with windows to the south can watch the ships pass by on the St Lawrence River. Bright, spacious and well laid out units have lots of windows, high ceilings, newer flooring (commercial tile/laminate) and melamine kitchen cabinets. 3 two bedroom and 3 one bedroom units. Current owner has owned property for 32 years and many upgrades have been completed but still could use some cosmetic TLC. Roof repaired and shingled in 2010. BONUS Attic: 2 balconies facing north and south. Flex space with potential to create another unit or add on to one of the existing units for additional income. Minimum 24 hours notice required for tenants. 48 hours Irrevocable on all offers. (id:2493)