3728 Prospect Road

INVESTMENT OPPORTUNITY with SO MANY POSSIBILITIES! This EXTRA LARGE DUPLEX with 1.48 ACRES currently has 2 units RENTED at $2000 per month and tenants pay ALL utilities. This immense house also comes with a partially finished 812 sq. ft. of space, which with a little bit of work can offer a 3rd rental unit improving upon an already healthy Cap Rate. The unfinished area has been gyproced, wired and plumbed and it comes with a fireplace.Because of the RB2 zoning flexibility you may keep it as a 3 UNIT rental or a BED and BREAKFAST or as an OWNER-OCCUPIED home because the upstairs flat alone affords 1938 sq. ft. of living space with 4 bedrooms, huge kitchen, den, fireplace and CARPET FREE interior. The tenant downstairs enjoys a TOTALLY RENOVATED 2 bedrooms flat that helps with the mortgage.SINCE 2012 the following IMPROVEMENTS were completed. Roof shingles, State of the Art Cold Start Furnace with 5 zones, 2 Hot Water Tanks, Chimney, Electrical, Plumbing and 2 fibreglass oil tanks. The Ground Floor flat had the In-Floor heating, Vinyl Windows, Flooring, Bath and new Kitchen installed and updated with new appliances.This Gem sits on 1.48 ACRES that is nestled on a treed lot with 2 driveways that can park at least 10 cars and leave lots of lawn space for kids, pets even up to 50 chickens. This Real Estate offers Large Land and House, Great Cap Rate, Upgrades Galore and Multiple Investment Opportunities. If you like good deals then please come and view.