43857

$182,000

Details

  • $182,000
  • Bank Foreclosure
  • Detached , Detached - Bungalow
  • Lot Size: 364 Sq Ft.

A Bank Foreclosure is a property that has been repossessed by the bank because the owner was not able to make the required mortgage payments for the property. When this happens, the bank is now considered as the owner of the property. Most of the time, banks are not ready to own homes. That is why typically, they are eager to sell these homes to buyers at a very attractive price. Although their asking (list) price is provided, you may also present a reasonable offer below this list price. If there is no Listing Agent available, you can make offers yourself and contact the bank directly.Own your piece of downtown affordable with this conveniently located 2 unit property! The main level unit is spacious with exposed wood beam and thick mouldings while offering a fenced-in yard for those with kids and pets. Upstairs is a desirable loft style apartment that has been easily rented over the years and would contribute well to your mortgage payments! While this property makes a great live-in mortgage helper, it also appeals to investors with a CAP rate return above 6%. Enjoy the amazing downtown lifestyle you hear of or securely invest into a location that continues to be very desirable!

Notes: Own your piece of downtown affordable with this conveniently located 2 unit property! The main level unit is spacious with exposed wood beam and thick mouldings while offering a fenced-in yard for those with kids and pets. Upstairs is a desirable loft style apartment that has been easily rented over the years and would contribute well to your mortgage payments! While this property makes a great live-in mortgage helper, it also appeals to investors with a CAP rate return above 6%. Enjoy the amazing downtown lifestyle you hear of or securely invest into a location that continues to be very desirable!

http://YouTube.com/nomoneydowncanada
Back to Top