Off Main street Welcome to 89 Adelaide Street! With solid numbers, this 6-unit building offers good sized units, and has plenty to offer. On the bus route, close to many amenities, and has some long-term tenants. There is a coin-op laundry and has a low vacancy rate. Rents are: 4 @ $1004, $1150, and $1010. Total rental income: $74,112 Laundry income-$1200. Approx. expenses: insurance-$2544, snow removal-$487, heat-$5580, water/sewar-$3542, electricity- $2459, and taxes-$4058. Approx. total expenses- $18,670. Approx. net income- $55,442 (id:27476)
