18 Roselawn Boulevard
South River, Ontario P0A 1M0
$1,599,000
8 Bedroom8 Bathroom3,500 - 5,000 ft2
BungalowForced Air
8-unit one floor apartment complex made up of from two separate 4-unit buildings. Each self-contained one-bedroom unit contains a separate entrance, foyer, three piece bath, kitchen, dining area, living room, owned 20-gallon electric hot water tank, forced air natural gas furnace. Tenants pay for natural gas, and hydro. Total rental income for the properties last fiscal year ending January 31, 2025, was an estimated $91,666.25 and for the same total expenses for the same period $33,777.47 (includes management fee of $5,085 paid to one of the owners). These result in a net income of $57,882.78. Total lot area is 9 acres. (id:36109)