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$ 699,000
Est. payment | /mo
5 Beds
4 Baths
$ 699,000
Est. payment | /mo
5 Beds
4 Baths
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision Bowmanville
MLS Listing ID E13009520
Style 2-Storey
Bedrooms 5
Annual Tax Amount $5,787
Tax Year 2025
Property Sub-Type Detached
Property Description
Calling all Investors & First Time Buyers! Great Renovation Project! Rarely offered Income Property in the heart of Downtown Historical Bowmanville. Location is within walking distance to all Bowmanville Historical Downtown amenities, schools, library, banks and restaurants. Steps to transit and 3 minutes to Hwy 401. Paved parking for 4+ vehicles and huge grassed backyard with shade tree. Currently tenanted generating total monthly rents of $3,497 with annual Net Operating Income of $23K. Furnace replaced in Fall/2020. Excellent property to add to your existing portfolio or golden opportunity to get started in the property management/income property business. Deep 172 feet lot with 66 feet frontage offers long term hold potential in the Bowmanville Historical Downtown Core. Ideal for the Investor looking for a project in area of high demand for rental units, or for the First Time Buyer looking for rental income to supplement mortgage payments. Forty (40) minute drive to Yonge Street & Hwy 401. Buyer to complete own due diligence. Property being sold in "As-Is Condition". Seller makes no representations or warranties. Flexible closing available. Ideal for renovation or investment in well established high density Bowmanville core.
Location
Province ON
County Durham
Area Durham
Rooms
Family Room No
Basement Apartment
Kitchen 3
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 66.0
Lot Depth 172.0
Total Parking Spaces 4
Building
Building Age 100+
Foundation Unknown
Others
ParcelsYN No
Listed by ROYAL SERVICE REAL ESTATE INC.