Want a cash flowing property with room to lift value further? This building currently is zoned for 8 residential apartments but room to build 2 more 1 bedroom apartments inside the existing unused space with a rezoning application from the town of Mattawa. Unit 4 is also under rented for additional lift. Most units have been upgraded to some degree and have great tenants in place. weeping tile done on north and east side in 2023 resolving water penetration, original building has rock foundation and the addition built in approx 1987. Double garage with a large shed like structure attached to it at the rear of the property. Rents are all inclusive but each unit has its own hydro panel. 2 furnaces, 2 AC, 2 hot water on demand rental units, shingles in great shape but age unknown and right beside new OPP station. Beer store, downtown, food and LCBO within walking range and bonus Mattawa river within a couple blocks of the building also. (id:47423)
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Detailed Information
Bedrooms
15
Bathrooms
8
Lot
132 x 159 ft
Amenities Nearby
Hospital, Schools, Shopping
Community Features
School Bus
Features
Visual exposure, Crushed stone driveway, Laundry- Coin operated
Listing Contract Date
2024-02-12
Location Description
Highway 17 Eastbound into Mattawa to 510 Valois beside OPP station
Ownership Type
Freehold
# of Parking Spaces
20
Property Type
Multi-family
Structures
Shed, Porch
Transaction Type
For sale
Zoning Description
Residential Type 2 (R2-26)
Building
Basement Development
Partially finished
Basement Type
Partial (Partially finished)
Cooling Type
Central air conditioning
Exterior Finish
Vinyl siding
Foundation Type
Block
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Detached Garage
Land
Total Size
0.47 acres
Access Type
Road access, Highway access
Amenities
Hospital, Schools, Shopping
Sewer
Municipal sewage system
Size of Irregular Land
0.47
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