Glebe Grand 3 unit income property

 

A DIAMOND IN THE ROUGH – exceptional space characteristics with loads of  future potential. 

Once a grand single family home this house has been converted though the years
to an income property. owned by the same family for generations and now part of
the estate. A rare Opportunity.

This is an excellent income generating property for an owner live-in or a Profit
making rental in a sought after neighborhood. also a huge money maker thru
airbnb rentals if desired

Last used as an owner live- in the property provides one apartment per floor
with large rooms and lots of parking. On a 50 x 103 lot . Each unit is two
bedrooms, some with a den. High ceilings, wood floors and large rooms
as well as a good basement.

Cosmetic work on kitchen and bathrooms needed but structurally excellent.
Building inspection on file asking $1,095,000.00

This house is a find for the person who knows how to make this property shine. High ceilings, wood floors, large rooms and two lane ways. Estate conditions prevail, Tenants on second and third floor will be leaving so provides an opportunity to do work and place your own tenants.

No interior pictures for protection of privacy of tenants.

 Asking $1,095,000.00-

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Rarely Available Glebe Income- JUST SOLD

19  Woodlawn Avenue: now sold.

Great Glebe 3 Unit income Property on Quiet Street near the Canal and Inlet.

asking $1,199,000.00

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This orginal double has beenconverted to provide 3 very spacious apartments .One is the full man floor that also includes a finished lower level and the other two are 2 storeys units – one per side. All wth private entrances. Owners unit ( main floor) has a famlyroom wth gas fireplace that opens to a lovely deck that overlooks the rear lane ,2 full bathrooms, a rec room and 4 bedrooms as well as laundry.

 The 2 other apartments consst of spacous livingroom wth seperate diningroom. 2 bedrooms and a den as well as laundry .

Lovely wood floors in all the units, well looked after with parking for three cars at rear of building off laneway

Rents of approx $3200 plus owners ( estmated at  $2600 ( owner wshes to rent back with long term lease) . Gross of appox $67,640.00 yearly wth expenses of appox $16,000 ( in cludes insurance on owners contents and property taxes) . Each unit has seperate electrcal meters.

This is a great investment property in the heart the Glebe .Tenants in place.

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