New property listed in Vi Central Park, Victoria
Posted in: Vi Central Park, Victoria Real Estate
I have listed a new property at 959 Balmoral RD in VICTORIA.
BELOW APPRAISED VALUE! I have never seen a cleaner Revenue Property! Currently operated as "Balmoral Rooms," this 15 room cash cow was originally constructed in 1902, but underwent a top to bottom renovation in 2004/2005 and was brought up to code with permits. The updates included new windows, drywall, insulation, roof, flooring, commercial fire detection system, wiring, plumbing, bathrooms, kitchen, etc (nothing left to do!). Grossing over $80,000 with upside as several of the rooms are under market rents. Very rarely a vacancy. There is a well organized and affordable property manager in place to provide the new owner with a turn key, low maintenance revenue property, or take it on yourself and increase your net! Dare to compare!