34
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$549,900
Est. payment /mo
4 BD
2 BA
Active
36 Pearl AVE Leamington, ON N8H 1J7
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UPDATED:
12/16/2024 02:49 PM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
MLS Listing ID X10426438
Style Bungalow-Raised
Bedrooms 4
Annual Tax Amount $3,443
Tax Year 2024
Property Description
Turnkey cash flow positive investment property boasting a whopping 9.5% cap rate OR the perfect family home with a separate entrance for additional income. Currently tenanted. Tenants can stay or vacate if buyer is end user. Total gross rent once fully leased: $5,200/month. Landlord pays all utilities. Nearly $2,000/mo potential net cash flow after all expenses including debt service. Basement fully renovated approximately 1 year ago. Clean and extraordinarily well maintained property. Outstanding location, family-friendly neighbourhood.
Location
Province ON
County Essex
Area Essex
Rooms
Family Room No
Basement Apartment, Separate Entrance
Kitchen 2
Separate Den/Office 2
Interior
Interior Features Other
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Garage Spaces 3.0
Pool None
Roof Type Other
Lot Depth 125.0
Total Parking Spaces 4
Building
Unit Features Fenced Yard,School,School Bus Route
Foundation Other
Listed by ROYAL LEPAGE YOUR COMMUNITY REALTY
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