4 Front Street East Hastings - DNS Real Estate …Apartment #6 1 plus heat/hydro Mth to Mth $ 510...

transcript

4 Front Street East Hastings

Phone: 705-749-1602 Toll Free: 1-800-461-6419

Fax: 705-749-1620 Email: jim@dnsrealestate.ca

Jim Parkes Broker of Record

207 Simcoe Street Peterborough ON K9H 2H6

GREAT INVESTMENT OPPORTUNITY with projected Net Income of approximately $53,000

for this combination Commercial and Multi Residential building. With four commercial units

and six residential apartments this three story building is conveniently at the center of Hastings.

Includes a large sun deck overlooking the waterway leading into the Trent River. Please allow a

minimum of 48 hours for showings.

MLS # 160028

C1 Zoning

4 Commercial Units

6 Residential Units

Municipal Services

Partial Sprinkler

Brick/Stone exterior

Tar & Gravel Roof

Rear Deck

Taxes: $5,830 / 2019

$565,000

All data subject to Errors, Omissions or Revisions and is not warranted.

Phone: 705-749-1602 Toll Free: 1-800-461-6419

Tenant Bedrooms Utilities Term Monthly $$ Apartment #1 2 plus heat/hydro Mth to Mth $ 1,100 Apartment #2 2 plus heat/hydro Mth to Mth $ 1,000 Apartment #3 1 plus heat/hydro Mth to Mth $ 410 Apartment #4 1 plus heat/hydro Mth to Mth $ 750 Apartment #5 1 plus heat/hydro Mth to Mth $ 550

Apartment #6 1 plus heat/hydro Mth to Mth $ 510 Mth to Mth

Commercial #1 Leased Dec/19 Utilities Included 2 Yr Lease Pending $ 1,000 Commercial #2 Lawst Collectibles Utilities Included Mth to Mth $ 250

Commercial #3/#4 Single Stitch Nov/19 Utilities Included 3 Yr Lease $ 700

Commercial #5 Vacant Utilities Included *Estimated $ 200

Total Monthly Rent $ 6,470

Total Annual Gross Rents $ 77,640

Expenses Caretaker, Building Manager $ 4,800 Insurance $ 3,479 Maintenance (Estimated) $ 2,500 Property Taxes $ 5,830

Utilities - electric , water $ 7,200

Total Expenses $ 23,809

Net Operating Income (projected) $ 53,831

Buyer to confirm all Financial Information

Phone: 705-749-1602 Toll Free: 1-800-461-6419

4 Front Street East Hastings - DNS Real Estate …Apartment #6 1 plus heat/hydro Mth to Mth $ 510...

Documents