- 9 Bed(s)
- 5 Bathroom(s)
- Property Type : Single Family
- Building Type : House
- Title : Freehold
- Finished Area : 3581 sqft
- Days on Market : 1
- Built in : 1990
- Total Parking Spaces : 12
Description
Rare 7.6% CAP Rate – Turn-Key Multi-Unit Powerhouse! Stop searching for the ""perfect"" investment—it just arrived. This massive multi-generational estate offers a rare combination of high-yield cash flow and premium 2023 renovations. Currently generating a staggering $9,200/month in rental income from students and professionals, this property is a great cash flow investment. The Layout: Main Residence: Spacious 9 Bedrooms / 5 Bathrooms, 4 kitchen home. Dual Suites: Two fully self-contained 2-Bedroom suites. Bonus Potential: A dedicated bachelor suite (plumbed/ready for easy bathroom install). The $250,000 Edge: Forget the typical ""run-down"" rental. This home was extensively updated in 2023. We’re talking a brand-new roof, modern bathrooms, fresh upstairs flooring, and professional landscaping. Prime Location: Situated in a quiet, safe Rutland North pocket right behind Pearson Elementary. It’s perfectly positioned on a major bus route to UBCO, ensuring your vacancy rate stays near zero. Whether you’re looking for a blue-chip addition to your portfolio or a multi-generational family home that pays for itself, this is it. PS: Windows and Furnace are original but in good working order. Measurements are from iGuide, if important, please re-measure. FURNITURE NEGOTIABLE (id:56537)
Details
Amenities Nearby : Golf Nearby, Airport, Recreation, Schools, Shopping
Access : Easy access
Appliances Inc : -
Community Features : -
Features : Level lot
Structures : -
Total Parking Spaces : 12
View : City view, Mountain view, Valley view
Waterfront : Other
Zoning Type : -
Building
Architecture Style : -
Bathrooms (Partial) : 0
Cooling : Central air conditioning
Fire Protection : Smoke Detector Only
Fireplace Fuel : -
Fireplace Type : -
Floor Space : -
Flooring : Carpeted, Laminate, Wood
Foundation Type : -
Heating Fuel : -
Heating Type : See remarks
Roof Style : Unknown
Roofing Material : Asphalt shingle
Sewer : Municipal sewage system
Utility Water : Irrigation District
Basement
Type : Full
Development : -
Features : -
Landscape Features : Landscaped, Level
Rooms
Media
: 12'0'' x 21'0''
Full bathroom
: 9'5'' x 7'6''
3pc Ensuite bath
: 4'0'' x 10'2''
Bedroom
: 11'6'' x 11'2''
Dining room
: 10'10'' x 7'10''
Bedroom
: 25'8'' x 9'7''
Bedroom
: 12'10'' x 10'11''
Bedroom
: 9'5'' x 9'11''
Primary Bedroom
: 26'3'' x 12'10''
Bedroom
: 10'0'' x 17'5''
Living room
: 12'10'' x 26'3''
Kitchen
: 10'10'' x 9'7''
Bedroom
: 11'7'' x 11'1''
3pc Bathroom
: Measurements not available
3pc Ensuite bath
: Measurements not available
Kitchen
: 10'0'' x 10'0''
Full bathroom
: 9'4'' x 8'3''
Laundry room
: 9'10'' x 12'5''
Bedroom
: 9'4'' x 9'6''
Bedroom
: 12'10'' x 9'9''
