Description
Welcome to 20 Gertrude, this 1.5 story income property sits on a spacious 100 foot deep lot located in Crown Point North. The upper unit features 3 bedrooms, 1 bathroom with in-suite laundry, and is currently rented month-to-month to excellent long-term tenants at $2,600 per month. The lower unit offers 1 bedroom, 1 bathroom, with in-suite laundry, and will be vacant upon possessiongiving you the perfect opportunity to set your own rent, choose your tenants, or move in yourself. Major updates include a 2025 high-efficiency furnace (5 year warranty),updated ductwork in basement, sump pump (2024), weeping tile on 3/4 walls, roof (2021), spacious deck and gazebo (2021), PEX pipes changed from lead, basement renovation (2022), updated flooring and paint in both units (2022). With zero vacancy, this low-maintenance property generates approximately $48,000 annually, with operating costs around $10,000making it an ideal passive income investment. Dont miss this fantastic opportunity!
Additional Details
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- Community
- Crown Point
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- Lot Size
- 37 X 100 Ft.
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- Approx Sq Ft
- 1100-1500
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- Building Type
- Detached
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- Building Style
- 2 1/2 Storey
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- Taxes
- $2563.04 (2024)
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- Garage Type
- None
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- Parking Space
- 3
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- Air Conditioning
- Central Air
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- Heating Type
- Forced Air
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- Kitchen
- 2
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- Basement
- Full, Finished
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- Pool
- None
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- Listing Brokerage
- MICHAEL ST.JEAN REALTY INC., BROKERAGE
