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$ 499,900
Est. payment /mo
Active
36 Pearl AVE Leamington, ON N8H 1J7
4 Beds
2 Baths
UPDATED:
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
Virtual Tour https://youriguide.com/36_pearl_ave_leamington_on
Listed by ROYAL LEPAGE YOUR COMMUNITY REALTY