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$799,999
Status: For Sale
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.
| Property Type | :Residential Income |
|---|---|
| MLS Number | :40633966 |
| Listing Type | :Sale |
| Property Age | :Unknown years |
| Possession Date | : |
| Last Updated | :26 Sep, 2024 (21 Days ago) |
| Source | :Huron Perth |
| Area | :Perth |
|---|---|
| City | :Mitchell |
| Area Major | :West Perth |
| Area Minor | :65 - Town of Mitchell |
| Postal Code | : N0K 1N0 |
| Directions | :St. George St & Rowland St |
| Price | : $799,999 |
|---|---|
| Property Taxes | :$2429.61 |
| Tax Year | :2023 |
|---|
| Bedrooms | :5 + |
|---|---|
| Air Conditioning | :Central Air |
| Heating | :Forced Air |
| Place of Worship | :No |
| Bathrooms | :4 |
|---|---|
| Approx Square Footage | :2766 sqft |
| Parking Space | :7 |
|---|---|
| Basement | :Partial |
| Garage | :0 |
|---|---|
| Park | :Park |
15 Aug, 2024
TREB #40633966
Listed
$799999
