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FEATURED PROPERTIES FOR THE MONTH OF DECEMBER, 2008

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197 Mead Blvd, Espanola, Ontario

       
INVESTORS LOOK AT THIS!      A SIX PLEX

 
                                              
  15 year old  apartment building with each apartment  800  square feet and over.  All apartments have front and back entrances, 2 bedrooms and a utility room with washer & dryer hook-up, washroom, kitchen and living room.
              All Apartments are electric heat and have  their own parking with a plug -in.
 
              Total Gross income  from the six units is $3505.00 / month
              Total Expenses  from the six units is :      $1190.54/ month
               Net Income from the  six units  is:             $2314.46/month
 
              Total Taxes for the year 2003 are:  $6504.00
              Insurance    for   the year 2003 is:   $1540.00
 
              The building could be  managed at a very reasonable rate for any
              absentee owner. Building is well maintained. Lots of other amenities.
 
                                                Very Reasonably Priced at 


                                                              $ 299,00.00 Canadian
                                                              $ 239,000  USA {approx}

                                                                 179,000.00 Euros { approx}

click to view large picture
196knft.jpg (73004 bytes) 196knft2.jpg (62645 bytes) 196Knside.jpg (74222 bytes)
Inside Apartments
196kith.JPG (26623 bytes) 196knbkdorkit.JPG (31732 bytes) 196bathrm.jpg (17583 bytes)
Kitchen with Appliances and Beautiful Oak Cupboards Kitchen Showing Dining room and Door to Outside Bathroom
196bedrm.jpg (46250 bytes)
Bedroom

 

                                                       

 

Contact Information

Ken Naples
436 Haig Street
Espanola, Ontario  P5E 1B7
Telephone: 
Fax:    
1 (705) 869-1079
1 (705) 869-2884
e-mail: napes@sympatico.ca

Send mail to: finaltouch2@earthlink.net 
Last modified:
Sept 15, 2008