SPLENDID QUEENS STUDENT RENTAL PROPERTY - this 5 bed, 1.5 bath house is located within walking distance to campus. Well maintained with steel roof, vinyl windows and gas furnace. Newly renovated basement provides a common area and den as well as laundry and storage. Large fenced yard with parking for 2 vehicles. Front sunroom is perfect for bikes, recycling, etc. Currently rented for $4500 plus utilities until April 30, 2025. Current Cap Rate is approximately 6.7%. Potential for another $900 per month should someone wish to use the den as a 6th bedroom and the Cap Rate then would be approximately 8.2%. (id:51532)
Property Summary |
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Building |
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Land |
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Level | Rooms | Dimensions |
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Second level | Primary Bedroom | 3.61 m x 3.75 m |
Bedroom 2 | 3.61 m x 3.33 m | |
Bedroom 3 | 3.02 m x 3.39 m | |
Bathroom | 2.05 m x 2.74 m | |
Basement | Den | 2.81 m x 3.84 m |
Recreational, Games room | 5.3 m x 4.79 m | |
Utility room | 5.7 m x 5.54 m | |
Main level | Kitchen | 4.07 m x 3.71 m |
Bedroom 4 | 3.84 m x 3.66 m | |
Bedroom 5 | 3.84 m x 4.32 m | |
Bathroom | 1.73 m x 0.84 m |