Background Image


Turn Key Cash Flowing Investment Property

Discussion in 'Alberta' started by DaveToynbee, Mar 16, 2017.

  1. DaveToynbee
    Offline

    DaveToynbee Dave Toynbee REIN Member

    Posts:
    49
    Likes Received:
    0
    Trophy Points:
    6
    Hello Rein members,

    I'm posting this on behalf of a friend who is selling one of their investment townhomes in Edmonton. Here are the details of his listing.

    Welcome to the Beaumaris Complex! This unit has had solid tenants take good care of our property for years. The location is ideal for young families as there are schools walking distance around the complex. Currently it is tenanted on a year lease until October 2017 and the tenants would like to stay.

    The property has cash flowed for the entire duration of our ownership and we’ve never had issues keeping it tenanted. It has been a fantastic investment property and now it’s time to pass it onto a new owner.
    Asking $189,000
    Its currently rented for $1200 / month (leased until October 2017)
    Condo Fees are $291
    Property Taxes are roughly $135/month

    The property is also under outsourced property management already established so if you’d like to add this property to your portfolio or if you’re starting as a new investor, it can’t get any more turn-key then this!

    Please email Dale @ dpopowich1@gmail.com if you’re interested.
    Thank you
     

Share This Page