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$ 915,000
Est. payment | /mo
8 Beds
4 Baths
2,500 SqFt
$ 915,000
Est. payment | /mo
8 Beds
4 Baths
2,500 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $366
Subdivision St. Marys
MLS® Listing ID X12555116
Bedrooms 8
Source London and St. Thomas Association of REALTORS®
Property Description
A solid brick fourplex offering a reliable income stream with significant upside potential. The property includes two main-floor one-bedroom units, each featuring in-suite laundry, a bright rear sunroom, and access to a private deck. At the back of the property you'll find dedicated parking for tenants, along with a small storage shed.The upper units span the second and third storeys and each provides three bedrooms, in-suite laundry, and its own forced-air gas furnace and central air system. All four units are separately metered for water, gas, and hydro, making ongoing management straightforward.The building has been well cared for, highlighted by a durable steel roof. Two hot water heaters are owned and two are on rental agreements through Reliance. All tenants have been long-term, with room for rent growth over time.This is a strong opportunity to add a stable and well-structured multi-residential asset to your portfolio in a desirable small-town setting. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 2.5
Sewer Sanitary sewer
Others
Virtual Tour https://www.corymcarthur.com/6769-water-st-s-st-marys
Listed by RE/MAX CENTRE CITY REALTY INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
4145 North Service Rd Unit: Q 2nd Floor L7L 6A3, Burlington, ON, Canada