36 PEARL AVENUE, Leamington, Ontario N8H 1J7
$549,900.00
- 6 bedrooms
- 2 bathrooms
Turnkey cash flow positive investment property boasting a whopping 9.5% cap rate OR the perfect family home with a separate entrance for additional income. Currently tenanted. Tenants can stay or vacate if buyer is end user. Total gross rent once fully leased: $5,200/month. Landlord pays all utilities. Nearly $2,000/mo potential net cash flow after all expenses including debt service. Basement fully renovated approximately 1 year ago. Clean and extraordinarily well maintained property. Outstanding location, family-friendly neighbourhood. (id:25417)
- Listing ID: X10426438
- Property Type: Single Family
| Property | |
|---|---|
| Style: | Raised Bungalow |
| Ownership: | Freehold |
| Lot Size: | 60 by 125 FT Fenced Yard |
| Parking: | Attached Garage 4 Spaces |
| Building | |
|---|---|
| Type: | Single Family House |
| HVAC: | Central Air Conditioning, Fireplace and Forced Air Natural Gas |
| Exterior: | Brick |
| Basement: | N/A |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| Town: | Leamington |
| Province: | Ontario |
| Nearby Amenities: | School Bus and Schools |
| Rooms | Level | Dimensions |
|---|---|---|
| Bathroom | Basement | 1.78 m x 1.65 m |
| Laundry room | Basement | 2.22 m x 2.66 m |
| Kitchen | Basement | 4.3 m x 3.02 m |
| Bedroom | Basement | 3.4 m x 2.96 m |
| Bedroom 2 | Basement | 4.32 m x 7.12 m |
| Kitchen | Main level | 4.27 m x 3.62 m |
| Primary Bedroom | Main level | 3.66 m x 3.42 m |
| Foyer | Main level | 7.47 m x 2.01 m |
| Bedroom 2 | Main level | 3.09 m x 3.26 m |
| Bedroom 3 | Main level | 4.51 m x 4.84 m |
| Bedroom 4 | Main level | 3.39 m x 3.39 m |
| Bathroom | Main level | 2.78 m x 2.12 m |
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