Property Description for 48 LOUISA STREET
Welcome to 48 Louisa. Investment opportunity; four plex in West Centre town zoned R4T. Located on an oversize lot (49.93ft x 91.84ft) in a thriving neighbourhood perfect for young professionals. Walking distance to Little Italy. Large home that houses 3 units & separate bungalow, four units in total. APT. 1 - Featuring 2 bedrooms, oversized family room, modern bathroom & front yard patio area -> Rented at $2,300/monthly (electricity, heat, water included). APT. 2 - Bachelor with convenient balcony access & bathroom -> Rented at $1,350/monthly (electricity, heat, water included). APT. 3 - Featuring 1 bedroom + den/office & 1 bathroom -> Rented at $1,486/monthly (Rent going up to $1,523 Jan. 1st, 2025 / electricity, heat, water included). APT. 4 - Featuring 2 bedrooms, 1 bathroom & private exclusive yard -> Rented at $1,164/monthly (Rent going up to $1,193 Nov. 1st, 2025 / hydro paid by tenant). Shared pay per use laundry in the basement adding approx. $800 in yearly income. 5 surface outdoor parking. Great current & future value. BOOK YOUR PRIVATE SHOWING TODAY!!! (id:38686)
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Property Details
Property Tax
: N/AMLS® #
: X12284588
Home Features
Property Type
: MultiFamily
Interior Features
Heating
: ["Forced air", "Natural gas"]Basement
: ["Unfinished", "N/A"]
Utilities
Sewer
: ["Sanitary sewer"]
Other
Parking Features
: ["No Garage"]Exterior Features
: ["Stucco"]
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