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Key Facts
Key facts for 36 Lyman St
Property Type
House, 2-Storey
Parking
None 0 garage, 6 parking
MLS #
X7302644
Size
1100-1500 sqft
Basement
Finished Walkout,Separate Entrance
Listed on
2023-11-16
Lot size
60 x 126.00
Tax
$2,746.99 /yr
Days on Market
19
Approximate Age
-
Maintenance Fee
-
Description
Calling all BUY & HOLD investors! This 4+1 bed, 1+1 kitchen, 2+1 bath detached is the perfect investment opportunity near Fanshawe College. $5,000/month ($60,000 /year) in rental income (assume current high-quality tenants and CASHFLOW roughly $500/month, AFTER paying mortgage at current rates and i...ncluding ALL expenses!). Fully renovated kitchens in upper AND lower units (Separate Entrance to lower unit), and 3 baths (3-pc main floor, 3-pc upper floor, 4-pc in lower unit!). Property features MASSIVE fenced backyard, long driveway (6 parking spaces!), and separate laundry for upper & lower units. Located in a peaceful, quiet neighbourhood, with close proximity to schools/college, shopping & park areas. Simply takeover current tenants and enjoy GREAT cashflow (high-quality tenants; less than $50/month in maintenance costs, average 1-2 hrs/wk of tenant management, all students and young working adults paying rent on time!). Laminate flooring, full-renovated property!!!
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