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Office Listing

Bill Austin, Sales Representative


Remarks

MAIN FLOOR COMMERCIAL RENTAL $1750 INCLUDING UTILITIES.. BILLBOARD SIGN RENTAL $500MT. RESIDENTIAL RENTALS ONE BEDRM $800, STUDIO AND 2 PV $650 (SHARED KITCH AND SHOWER), ROOMS (SHARED KITCHEN AND BATH $700 ANS $680, INCLUDING ALL UTILITIES. GROSS RENT $60960. EXPENSES: TAXES $6606, GAS $1605, HYDRO $2225, WATER $916, INSURANCE $1753. TOT EXP:$13105. NET INCOME $47855. CAP RATE 7.4% GOOD LOCATION ON THE CORNER OF MARKET AND GREY STREET. PASSIVE INCOME FROM LARGE BILL BOARD (LONG TERM ADVERTISER.) SUCCESSFUL BUSINESS OPERATING IN COMMERCIAL SPACE FOR ABOUT 2 YEARS. (id:27)


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