Real Estate Investment:  Full Duplex on Corner Lot in Port Hardy

About This Property                               

 This side-by-side duplex is situated on a large corner lot backing onto a quiet cul-du-sac in desired family oriented neighbourhood. Live in one side and rent the other or rent out both sides- Port Hardy is in great need of rental units! Both sides have seen many updates including; new flooring, paint, new deck/porch areas. Side B has new appliances and an added pantry in the kitchen, and large walk-in closet has been added in the primary bedroom. Side A has some on trend 'farm house' design features, and an extra small bedroom- perfect for a nursery or office. Some minor finishing touches are needed and all supplies are there to complete. Don't miss out on this unique opportunity to purchase a full updated duplex.

Features

  • Built in 1981
  • 6,663 sqft Lot
  • 2,560 SQFT Building
  • Currently owner occupied 1 side, other side vacant
  • $1,800 - $2,000 / month gross rent per side
  • 6% CAP Rate

Asking Price: $550,000

Initial Cash Required: $130,000

Monthly Cash Flow: $1,130

Target Annual ROI: 34%

Target Profit if sold after 10 Years: $440,000


    

   

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info