Two buildings -one is a large Quad - 4 units in one building. Each is approximately 900+sq ft with 2 bedrooms and 1 bath. Two have just been spruced up for new rentals. Units 3&4 have leases in place at $1200-1250/month. Units 1&2 will be rented with one-year leases as of 9/1 and 12/1 at $1250 each. Among the other two units, Unit 4 is on month to month lease and Unit 3's lease expires April 2021. Two units have newer Furnace & water heaters. The 2nd building is owner's unit - less than 20 yrs old. It's a single home with 2nd floor open concept 2 bedroom and 1 bath upstairs. Sits over a 2 car garage which features laundry and a 1/2 bath. This lower level can be easily made into a 6th unit. Buyer would have to apply for a variance to do so. This all sits on 1.13 acres, only 1/2 developed. Buyer can apply for a variance to add more units in the rear. May need to add a turnabout to do so. This may require the purchase of 123 Earl and 125 Earl to have enough land to do so. The owner's unit with 2beds and 1.5 baths and laundry and a 2car garage can rent for $1400+ after current owner vacates. Strictly AS-IS. Seller will not provide c.o. -new owner will have to do their own Landlord registration/c.o. Check with township for c.o. requirements on occupied units during Covid emergency. They are doing exterior only, owner provides interior pics or video and then they issue temp c.o. until the emergency is lifted.
