Turn-Key 2-Unit Duplex, Renovated, Big Discount, Great Cashflow

aaronmoore

Frequent Forum Member
REIN Member
Who wants to buy a turn-key LEGAL income property at a big discount?

Make $50k+ in equity on the day you buy. Good income from day one and lots of room to raise rents when tenants move. Renovated in 2016 and new siding in 2020. LEGAL 2-unit that’s registered with the city.

Realtors, this is a great buy at $580k or $600k. Show it to your serious buyers and add some compensation for yourself.

Our investor friend Teresa Almeida of www.rethinkinvestments.ca has brought this deal to us. You can thank Teresa for this opportunity!

SUMMARY:
- LOCATION: Stevenson & Adelaide, Oshawa (Close to Oshawa Centre)
- PURCHASE PRICE: $579,900 Or Best Offer
- AFTER REPAIR VALUE: $600s ++ (Nice legal 2-units like this are selling well over $600k on MLS and they are selling FAST. These are in demand, please reach out and take this OFF-MLS opportunity.)
- CLOSING: Sept 16, 2020 (There's some flexibility, but this is an assignment sale.)
- TYPE: Legal 2-unit. Detached 1.5 storey.
- BEDS/BATHS: 4 bed/2 bath (3 up, 1 down)
- PARKING: 4 spaces
- SQFT: 1300 (600 sqft basement approx)
- LOT: 43' x 118'
- AGE: 1946
- PROPERTY TAX: $4100 approx
- RENTS: $1450 & $915 + hydro,

PICTURES and more details are here: https://www.housedealsgta.ca/property/investment-properties-in-oshawa-on/
 
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