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:4069)
| Address |
101 PEEL Street N |
| List Price |
$790,000 |
| Property Type |
Multi-family |
| Type of Dwelling |
Fourplex |
| Area |
Ontario |
| Sub-Area |
St Marys |
| Floor Area |
2,408 Sq. Ft. |
| MLS® Number |
40532691 |
| Listing Brokerage |
RE/MAX a-b Realty Ltd (St. Marys) Brokerage
|
| Basement Area |
Partial (Unfinished) |
| Postal Code |
N4X1C2 |
| Zoning |
R2 |
| Site Influences |
Park, Place of Worship, Schools |
| Features |
Paved driveway, Laundry- Coin operated |
