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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. (id:53271)
| MLS® Number | X10406365 |
| Property Type | Multi-family |
| Community Name | 65 - Town of Mitchell |
| ParkingSpaceTotal | 7 |
| BathroomTotal | 4 |
| BedroomsAboveGround | 5 |
| BedroomsTotal | 5 |
| Amenities | Separate Electricity Meters |
| Appliances | Dishwasher, Dryer, Refrigerator, Stove, Washer |
| BasementDevelopment | Unfinished |
| BasementType | Partial (unfinished) |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick, Vinyl Siding |
| FoundationType | Stone |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| Type | Other |
| UtilityWater | Municipal Water |
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 77 Ft ,6 In |
| SizeFrontage | 106 Ft ,7 In |
| SizeIrregular | 106.66 X 77.5 Ft |
| SizeTotalText | 106.66 X 77.5 Ft|under 1/2 Acre |
| ZoningDescription | R2 |
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If you have any questions about this or any other property on my website, please get in touch.
Call: 519-535-4243
Email: jen@jenthomsonrealtor.com
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