Great investment opportunity. Two duplexed homes on one lot. 4 one bedroom apartments. 245B has an additional room that could be utilized as a second bedroom. Convenient central location right downtown. Some updates include shingles, flooring, siding, bathrooms, drywall & paint and the two front porches. Fully occupied with low turnover. Backyard overlooks the Moira River and city transit bus stop right at the front door. 2-minute walk and your downtown. Close to all amenities, bus terminal, banks, shopping, restaurants and the waterfront trail all within walking distance. The gross income is $37,552.00 per year. Landlord pays all utilities (Gas,hydro & water) Natural gas boiler system in one house and the other home has a forced air natural gas furnace. Currently managed by property management company. Zoned C-3-5. Allow 24 hours notice for all showings. Income and Expense statement available upon request.
BRIDGE ST WEST TURN LEFT BEFORE BRIDGE TO COLEMAN ST.