7 Bedroom
4 Bathroom
2,000 - 2,500 ft2
None
Forced Air
$849,000
INVESTMENT OPPORTUNITY! Fully tenanted four-plex offering and excellent opportunity for investors seeking a turnkey income producing property. The property features four- self contained residential units, including Unit 1- 2 Bed, Unit 2- 1 Bed, Unit 3- 2 Bed, Unit 4- 2 bed, providing a desirable mix of long-term rental demand. Current gross rental income $78,000 annually from the 4 units, laundry and storage. Current operating expenses are approximately $17,126 annually, resulting in a Net of $60,873. Well suited for experienced investors and those looking to add a multi-residential property to their portfolio. With all 4 units occupied, the property offers immediate rental income and an established tenant base. Property is fully tenanted. Showings of the interior are available following an acceptable offer, with appropriate notice to tenants. Please do not disturb the tenants. Bonus: Mixed use zoning allowing for residential or commercial. (id:50976)
Property Details
|
MLS® Number
|
S13821326 |
|
Property Type
|
Multi-family |
|
Community Name
|
Port McNicoll |
|
Features
|
Carpet Free |
|
Parking Space Total
|
10 |
Building
|
Bathroom Total
|
4 |
|
Bedrooms Above Ground
|
7 |
|
Bedrooms Total
|
7 |
|
Appliances
|
All |
|
Basement Development
|
Other, See Remarks |
|
Basement Type
|
N/a (other, See Remarks) |
|
Cooling Type
|
None |
|
Exterior Finish
|
Stucco |
|
Foundation Type
|
Poured Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
2,000 - 2,500 Ft2 |
|
Type
|
Fourplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
120 Ft |
|
Size Frontage
|
60 Ft |
|
Size Irregular
|
60 X 120 Ft |
|
Size Total Text
|
60 X 120 Ft |
|
Zoning Description
|
R3 |
Utilities
|
Electricity
|
Installed |
|
Sewer
|
Installed |
https://www.realtor.ca/real-estate/30319881/757-fourth-avenue-tay-port-mcnicoll-port-mcnicoll
