Solid Investment Opportunity. This 4-unit, fully rented income property, is generating over $30,000 in net operating income annually and is your chance to get into the rental market or expand your current rental portfolio. There are four, 1 bedroom, 1 bath well-designed units each with their own entrance. Currently, inclusive rents encompass water, internet, and one of the various parking spots. Tenants individually cover the cost of hydro (electric heat), allowing them control over their own comforts. The building is equipped with a coin-operated washer/dryer for enhanced tenant convenience which can also supply extra income for the landlord. Recent upgrades including new appliances, toilets, and flooring along with shingles replaced in 2015 and windows in 2017. This investment promises both comfort and a resilient financial return. Click on the virtual tour link, view the floor plans, photos, and layout and then call your REALTOR® to review more information and financials regarding this great opportunity! (id:47423)
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Detailed Information
Lot
63 x 82 ft
Amenities Nearby
Park, Place of Worship, Schools
Features
Paved driveway, Laundry- Coin operated
Listing Contract Date
2024-01-29
Location Description
On the East side of Peel Street North between Station Street and Widder Street East
Ownership Type
Freehold
# of Parking Spaces
9
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
R2
Building
Basement Development
Unfinished
Basement Type
Partial (Unfinished)
Exterior Finish
Brick, Metal
Foundation Type
Stone
Heating Fuel
Electric
Stories Total
2
Type
Fourplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Visitor Parking
Land
Total Size
under 1/2 acre
Amenities
Park, Place of Worship, Schools
Sewer
Municipal sewage system
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