4 Unit building in Dartmouth with 2 - 3 bedroom units and 2 - 4 bedroom units Current rent is $650 (3 bedroom - this tenant does all snow removal/yard work/garbage removal and is available 24/7 for emergencies, tenant has lived here over 12 years) And $875 (3 bedroom) $875 (4 bedroom), $875 (4 bedroom). Rent is well below CMHC average for the area (recent CMHC rental rate for Dartmouth North/South: 3+ bedroom around $963 to $1,074). New oil tank and programmable Veissman Furnace installed in 2016. Current owner has performed a number of Cap X including some new windows, updated all electrical, installed a designated shared coin operated washer/dryer, and cosmetic repairs to units. Cost per bedroom $28,333. Cap Rate at listing price: 6%
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