Courtesy of: Tim Somerville, Salesperson, ROYAL LEPAGE ATLANTIC
$275,000
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Multi-family
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$275,000
116 Adelaide Street Welcome to 116 Adelaide Street! This spacious 3-family offers 3 two bedroom units. (Rents are: $859.15, $881.32, and $901) With great curb appeal and off-street and has had many upgrades. Tenants pay their own heat/lights and offers solid numbers. Total rental income - $31, 697. Approximate expenses are: taxes-$3752, insurance-$1620, water/sewer -$1200, electricity-$206, snow removal-$1200 and lawn care-$180. Approx. total expenses-$8158. Approximate Net Income- $23, 539. This is a great investment property and is well worth a look! (id:203)