Opportunity Knocks! Exceptional investment opportunity featuring 2 semi-detached homes under one ownership, offering a total of 4 self contained units. This well-maintained income producing property consists of 2 spacious 2-bedroom, 1-bathroom units, 1 generous 2-bedroom, 2-bathroom unit, and 1 bright 1-bedroom unit, providing an ideal unit mix for strong and consistent rental demand. The units have been thoughtfully updated throughout with modern finishes, creating turnkey living spaces that appeal to quality tenants while helping minimize future maintenance. Each residence offers bright, functional layouts with spacious principal rooms and excellent livability. A standout feature is the oversized double detached garage, offering additional storage; parking, or future income potential. Ample parking is available at both the front and rear of the property, providing convenience for multiple tenants. Each semi is independently serviced with its own gas meter, hydro meter, furnace, and water heater, simplifying property management and utility allocation. Property taxes reflect both properties. Currently generating approximately $7,200 in monthly rental income potential, this is an outstanding opportunity for investors seeking strong cash flow with a gross cap rate of approximately 7.2%. Whether you are looking to expand your portfolio or acquire a high performing multi residential asset with long term appreciation potential, this rare offering delivers exceptional value. (id:57557)
| MLS® Number | E13513890 |
| Property Type | Multi-family |
| Community Name | Bowmanville |
| Amenities Near By | Hospital, Park, Place Of Worship, Schools, Public Transit |
| Features | Irregular Lot Size, Flat Site, Level |
| Parking Space Total | 9 |
| Structure | Patio(s), Porch, Shed |
| Bathroom Total | 5 |
| Bedrooms Above Ground | 7 |
| Bedrooms Total | 7 |
| Amenities | Separate Heating Controls, Separate Electricity Meters |
| Appliances | Water Heater, All |
| Architectural Style | Bungalow |
| Basement Features | Apartment In Basement, Separate Entrance |
| Basement Type | N/a, N/a |
| Cooling Type | None |
| Exterior Finish | Brick, Vinyl Siding |
| Foundation Type | Concrete |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | Other |
| Utility Water | Municipal Water |
| Detached Garage | |
| Garage |
| Acreage | No |
| Land Amenities | Hospital, Park, Place Of Worship, Schools, Public Transit |
| Landscape Features | Landscaped |
| Sewer | Sanitary Sewer |
| Size Depth | 165 Ft ,7 In |
| Size Frontage | 66 Ft |
| Size Irregular | 66 X 165.6 Ft ; 66.06 Ft X 165.74 Ft X 66.06 Ft X 165.39 |
| Size Total Text | 66 X 165.6 Ft ; 66.06 Ft X 165.74 Ft X 66.06 Ft X 165.39 |
https://www.realtor.ca/real-estate/29979495/27-waverley-road-clarington-bowmanville-bowmanville
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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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