This fourplex features three 1-bedroom units and one 2-bedroom unit, all with in-suite laundry, fridge, stove, and dishwasher for added tenant appeal. Separate gas and hydro meters ensure efficiency, with the landlord only responsible for water and common area hydro. The property includes four owned hot water tanks and ample parking space for residents. Recent capital improvements include a new roof (2019), updated siding (2020), and mostly new windows (2021), all contributing to reduced maintenance costs and increased energy efficiency. The eavestroughs were resealed in 2022. Current rents are as follows: Unit 1 is vacant (previously rented for $1500 + gas/hydro, Unit 2 rents for $1,800 plus gas/hydro, Unit 3 for $1,250 plus gas/hydro, and Unit 4 for $1,244.45 plus gas/hydro. With strong rental income and recent improvements, this 4-plex is ready to provide a consistent and lucrative return on your investment.
PT PARK LOT 13 PLAN 339 MITCHELL PT 2 44R576 ; W PERTH
Possession Date
FLEXIBLE
Taxes (2023)
$2,429.61
Directions/Cross Streets
ST. GEORGE & ROWLAND
Neighbourhood
65 - Town of Mitchell
Area
Perth
Price History
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Detailed Information
Fronting On
N
Special Designations
Unknown
Bedrooms
5
Bathrooms
4
Rooms
17
Kitchens
4
Lot
106.66 x 77.5 ft
Acreage
<.50
Exterior
Brick, Vinyl Siding
Air Conditioning
Central Air
Family Room
N
Fireplace/Stove
N
Pool
None
Basement
Part Bsmt, Unfinished
Drive
Available
Garage Spaces
0.0
Garage Type
None
Parking Spaces
7
Total Parking Spaces
7.0
Heat Source
Gas
Heat Type
Forced Air
Sewers
Sewers
Water
Municipal
Zoning
R2
Seller Property Info Statement
N
Bathrooms
Pieces
Level
4
3
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