Properties For Sale

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Nice Investor duplex in North Collinwood for sale in the Waterloo Arts area

All brick investor duplex for sale. 2 car detached garage. Each unit has 2 bedrooms, nice large fireplaces, hardwood floors, 1 bathroom. Currently rented to long term tenants at $600 per month, month-to-month leases. 

Great opportunity for an investor to buy an already leased and cash-flowing rental property with rent upside and equity. Current values for doubles in this area range from $90,000 to $185,000. Rent rates for 2 bedroom apartment house units range from $700 to $1,200 per month.

• Price: $109,900

• Gross Rents: $1,200/month

• Water/Sewer: $60/month

• Management: Self-managed

• Annual property taxes: $550 (Low)

• Financing: Conventional, private, cash.