36 PEARL AVENUE, Leamington

$549,900

6 Bedrooms
2 Bathrooms
2,250 Square Feet

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. (id:58875)

Listing ID: X10426438
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Basement	Bathroom	1.78 m x 1.65 m
Basement	Laundry Room	2.22 m x 2.66 m
Basement	Kitchen	4.3 m x 3.02 m
Basement	Bedroom	3.4 m x 2.96 m
Basement	Bedroom 2	4.32 m x 7.12 m
Main Level	Kitchen	4.27 m x 3.62 m
Main Level	Primary Bedroom	3.66 m x 3.42 m
Main Level	Foyer	7.47 m x 2.01 m
Main Level	Bedroom 2	3.09 m x 3.26 m
Main Level	Bedroom 3	4.51 m x 4.84 m
Main Level	Bedroom 4	3.39 m x 3.39 m
Main Level	Bathroom	2.78 m x 2.12 m

Details

Architectural Style: Raised bungalow
Amenities Nearby: Schools
Community Features: School Bus
Ownership: Freehold
Parking Spaces: 4
Transaction: For sale

Building

Architectural Style: Raised bungalow
BasementType: N/A
Basement Features: Apartment in basement, Separate entrance
Bedrooms Main Level: 4
Bedrooms Lower Level: 2
Construction Style Attachment: Detached
Cooling: Central air conditioning
Exterior Finish: Brick
Fireplace Present: False
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1999.983 - 2499.9795 sqft
Stories Total: 1
Type: House
Utility Water: Municipal water

Land

Amenities: Schools
Fence: Fenced yard
Sewer: Sanitary sewer
Size Depth: 125 ft
Size Frontage: 60 ft
Size Irregular: 60 x 125 FT

This property for sale is located at 36 PEARL AVENUE in Leamington. It was last modified on December 16th 2024. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Leamington homes for sale.

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