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25 KITCHEN ROAD S, Huntsville (Chaffey) — listed at $3,200,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Great opportunity for Investment. 2 - 6 Plex Apartment Buildings on lot in quiet residential area of south Huntsville. All units are large 2 Bedroom units. Electric Heat. Tenants pay their electricity. Gross Income $241,400. Net income $179,000 using CMHC mortgage expense standards. (id:60164)
Who is 25 KITCHEN ROAD S best suited for?+
With null bedrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $16,311.86, heating is baseboard heaters. Always verify the latest figures with your agent before making an offer — these change yearly.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
How is the home heated? Is it efficient?+
Heating is baseboard heaters. Ask for past utility bills to understand real heating costs.
What makes this a luxury property?+
At $3,200,000, standout features include 1 sq ft. In this price range, expect higher-end finishes — verify during a showing.
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