About 523 First Avenue

Attention investors!!! This bright and clean 9 bachelor unit property has a gross income of $106,699 with the potential increase to $128,000 without any renovations. The convenient location to downtown, and transportation access to the hospital and University, make this a desirable spot for students or single-working professionals. With a 0% vacancy rate, this gem is easy to rent with the bonus of low maintenance and easy management. The year 2024 expenses: gas $4,434.19 - hydro $3063.24 - water/waste $1,953 - insurance $6,719. The property is well-maintained and has had many updates over the past 6 years. Responsible tenants. All paid rent on time, online. **EXTRAS** 9 fridges, 9 stoves, coin operated washer and dryer.

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