36 Pearl AVE Active

Leamington,ON N8H 1J7

$ 499900

4 Beds

2 Baths

- SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

MLS Listing ID X10426438

Style Bungalow-Raised

Bedrooms 4

Annual Tax Amount $3,443

Tax Year 2024

Property Sub-Type Detached

Property Description

Turnkey cash flow positive investment property boasting a whopping 7.6% cap rate OR the perfect family home with a separate entrance & basement apartment for additional income. Currently tenanted. Tenants can stay or vacate if buyer is end user. Total gross rent once fully leased: $4,000/month. Nearly $966/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. **EXTRAS** All Existing Appliances Including 2 x Fridges, 2 x Stoves, 1 x W/D. All Elfs And Window Coverings.

Location

Province ON

County Essex

Area Essex

Rooms

Family Room No

Basement Apartment,Separate Entrance

Kitchen 2

Interior

Interior Features Other

Cooling Central Air

Exterior

Parking Features Private

Garage Spaces 1.0

Pool None

Roof Type Other

Lot Frontage 60.0

Lot Depth 125.0

Total Parking Spaces 4

Building

Foundation Other

Others

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