Fully rented 4-plex located on a large double lot within walking distance to the downtown core. The property features two upper suites, each offering 2 bedrooms and 1 bathroom. The lower level includes one 1-bedroom, 1-bathroom suite and one 2-bedroom, 1-bathroom suite. A shared laundry area is available and offers future potential for tenant use. Over the past 8 years, the property has seen several key updates, including shingles, siding, and windows. Heating is provided by a single boiler system, and both hot water tanks were replaced in 2022. Tenants are responsible for their own power, while the owner pays for gas and water. Ample on-site parking provides space for two vehicles per unit. The building is fully occupied, with recent improvements already completed and no major upgrades currently anticipated. A solid investment opportunity offering steady rental income in a convenient central location. Some photos have been virtually staged. (id:66704)
Property Summary
Property Type
Single Family
Building Type
Fourplex
Square Footage
1,725 sqft
Neighbourhood
Lynalta
Title
Freehold
Built
1976
Property Details
Interior Features
Appliances Included
Refrigerator, Stove
Basement Type
Full (finished)
Fireplace
No
Building Features
Features
Corner Site, Flat Site, Lane, Closet Organizers
Style
Bi-level
Construction Style
Attached
Heating & Cooling
Heating Type
Baseboard Heaters
Neighbourhood Features
Amenities Nearby
Playground
Additional Details
Basement Development
Finished
Measurements
Square Footage
1,725 Sqft
Rooms
Main Level
Living Room
Measurements not available
Dining Room
Measurements not available
Kitchen
Measurements not available
Primary Bedroom
Measurements not available
Bedroom 2
Measurements not available
Additional Land Details
Acreage
No
Land Amenities
Playground
Location
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