61 PEARL STREET E

About this residence

Now is the time to take that step into the investment world with this income-generating 6-plex, complete with a separate house on the property. The house offers a great opportunity to live on-site while collecting rent from the six units. If the house becomes vacant, it also has strong potential as a short-term rental, adding another stream of income. The charming house features a fenced yard with plenty of room to create your own outdoor oasis. There's real potential here, whether for personal use or added rental appeal. The 6-plex offers a solid mix of unit types, including two-bedroom, one-bedroom, and one-bedroom-plus-den layouts, making it attractive to a wide range of tenants. Location is a standout. With a park across the street and the hospital, schools, shopping, waterfront, and public transit all within walking distance, this is a highly desirable area for both living and renting. Each unit includes one parking space, a valuable feature for tenants. Major updates have already been completed, including the roof and gas hot water boiler in recent years. A strong investment opportunity in a location that continues to draw quality tenants, with added flexibility and future income potential. $122,717.52- $32,972.74 = $89,744.78 divided by 12 = $7478.75 per month. Boiler-2024, forced air gas furnace-2025, roof-2023, hot water heaters-2026 for the most recent HWT. 2 hydro meters, 1 water and 1 gas meter. PLEASE ALLOW 24+ HOURS FOR ALL SHOWINGS, AND BE SURE TO CHECK OUT THE 3D UNDER MEDIA IN REALTOR.CA (id:61366)