Corner of Pitt & Britain Welcome to 233-239 Pitt and 239-243 Britain St. Combined there are 7-units with good size apartments, some off-street parking, electric baseboard heating and is all on one PID# This investment property has had some updates, basement is fully insulated with spray foam, city collects the garbage and is a great opportunity to expand your investment portfolio. Current rents are $850, $895, $995, $1095, $1195. Two units are under renovations with estimated rents of 2 @ $1000. Approximate total income is $84,360. Approximate expenses: Insurance - $2896 Electricity - $5040, Water/Sewer - $4480 and Taxes - $8077. Approx. total expenses $20,493 Approx. net in come $63,867. Once all 7 units are rented this building is a good money maker! (id:27476)
