217 Emma Street Sarnia, Ontario N7T 2Z8
$209,900
SPACIOUS, OPEN CONCEPT, 1 BEDROOM APARTMENT UPSTAIRS. MAIN FLOOR IS A BIG, 2-BEDROOM APARTMENT. BASEMENT IS PART OF MAIN FLOOR APARTMENT. LIVING ROOM + REC ROOM + 2 BATHROOMS. SOLID BRICK, 2 STOREY BUILDING. QUIET STREET. PARKING FOR 4 CARS. R2 ZONING. USE AS INCOME PROPERTY OR AS SINGLE-FAMILY HOME OR LIVE IN ONE UNIT & RENT THE OTHER TO SUPLEMENT COSTS. UPPER APARTMENT ($931.99/MO.X 12 MO.) = $11,172.00 + MAIN FLOOR APARTMENT $710.00/MO. x 12 MO.) = $8,520.00 FOR TOTAL YEARLY NCOME $19,682.00. EXPENSES (INSURANCE $1,745.25) + (GAS $1,619.27) + (ELECTRICITY $1,639.17) + (PROPERTY TAXES $1,184.60) + (REPAIRS & MAINTENANCE $1,573.76) + (WATER $1,840.87) + (ESTIMATED MANAGEMENT $1,375.00) + (ESTIMATED VACANCY & BAD DEBT $985.00) = TOTAL EXPENSES $11,962.92. NET OPERATING INCOME APPROX $7,719.08. BSM'T TENANT SUSCEPTIBLE TO DISEASE & REQUESTS MASKS BE WORN. (id:39367)
Property Details
| MLS® Number | 23021011 |
| Property Type | Multi-family |
Building
| Amenities | Shopping Area |
| Exterior Finish | Brick |
| Flooring Type | Laminate, Cushion/lino/vinyl |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air, Furnace |
| Stories Total | 2 |
| Type | Duplex |
Parking
| Other | 4 |
Land
| Acreage | No |
| Size Irregular | 80.79/80.86 X 56.72/56.72 |
| Size Total Text | 80.79/80.86 X 56.72/56.72 |
| Zoning Description | R2 |
https://www.realtor.ca/real-estate/26173008/217-emma-street-sarnia
Contact Us
Contact us for more information
Tom Booth
Broker
www.sarniarealestateonline.com/
facebook.com/tombooth.realtor
www.linkedin.com/feed/
mobile.twitter.com/11TomBooth
560 Exmouth Street, Suite #106
Sarnia, Ontario N7T 5P5
(519) 491-6900
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
January 20 2024 10:12:20
Sarnia-Lambton Association of REALTORS®
Streetcity Realty Inc. (Sarnia)