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About This Property

Great opportunity for Investment. 2 - 6 Plex Apartment Buildings on lot in quiet residential area of south Huntsville. All units are large 2 Bedroom units. Electric Heat. Tenants pay their electricity. Gross Income $241,400. Net income $179,000 using CMHC mortgage expense standards. (id:63604)

Key Facts

Type

Multi-family

Size

1 sqft

Lot

0.9

Property Details 11 details

Living area

Property

Multi-family · Attached

Property subtype

Multi-family

Structure type

Multi-Family

Attached status

Attached

Heating

Baseboard heaters

Fireplace

Lot dimensions

0.9

Lot area

0.90 acres

Frontage

84.11 feet

Taxes

$16,311.86

Zoning

Water source

Municipal water

Mortgage & Affordability Estimate monthly costs

Down payment (%) Interest rate (annual %) Amortization (years) Property taxes (% of price) Condo/HOA fee (monthly)

Insurance/Other (monthly) Utilities (monthly)

Mortgage Tools Buyer/Seller Snapshot

Purchase price$3,200,000

Down paymentNot available

Mortgage amountNot available

Principal & interestNot available

Property taxesNot available

Condo/HOA feeNot available

Insurance/OtherNot available

UtilitiesNot available

Est. monthly totalNot available

Income needed (GDS 32%)Not available

Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Map is approximate.

Neighbourhood

Area: Chaffey
City: Huntsville
Postal code: P1H 1Z9
Nearby: Cross Streets: Main St W & Kitchen Rd S. ** Directions: Hwy 11 N to Main St W, east to Kitchen Rd S.