This new property that we have available is located right across the street from Lake Ashburton. After you are done with this property your renters will love the location and you will love the rental potential. Also, this property is a legally zoned 3 unit building. The basement has an efficiency with kitchen and bathroom. Rents for $1,100. The first floor – 1bedroom/1bathroom, den, kitchen, dining room, living room with fireplace. Rents for $1,300. The second floor – 2bedroom/1 bathroom with kitchen. There is an additional room on this level, however, the room does not have a closet. The 3rd level has 2 additional bedrooms. Rents for $1,600. Both the 1st floor and basement need complete guts.
Cash flow – $3,400 monthly