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$899,900
Status: For Sale
Welcome to your new investment property! This fantastic gem in beautiful Palmerston is easy investing at it's finest. A fully rented 5-plex is ready to be added to your portfolio. Each unit is fully self-contained with a fridge, stove, washer and dryer. Units 2,3,4 and 5 have long-term, reliable tenants who have been in place for the last 7+ years. Unit 1 was just rented out at today's market rent rate of $1,400/month. Brand new boiler system was installed in June of this year. Parking for up to 6 cars with a front and back parking pad. Nearby everything that Palmerstion has to offer. Plus, the property was approved for a 6th unit, permitted back in 2021, but was just never built (you can see the potentially outline for the new unit at the back of the home). This is an investors dream: fully tenanted, with stable and reliable tenants, a brand new heating system, and with the potential of a 6th unit, room to grow!
| Property Type | :Residential |
|---|---|
| MLS Number | :X9242460 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :07 Aug, 2024 (105 Days ago) |
| Source | :TRREB |
| Area | :Wellington |
|---|---|
| Community | : Palmerston |
| Postal Code | : N0G 2P0 |
| Price | : $899,900 |
|---|---|
| Property Taxes | :$5392.00 |
| Tax Year | :2024 |
|---|
| Bedrooms | :6 + |
|---|---|
| No. of Rooms | :19 |
| Air Conditioning | :None |
| Heating | :Other |
| Place of Worship | :No |
| Cross Street | :York and Main St |
| Bathrooms | :5 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :3500-5000 sqft |
| Virtual Tour | :Virtual Tour (External Link) |
| Dining | :4.24 m x 3.28 m |
|---|---|
| Kitchen | :2.54 m x 2.78 m |
| Kitchen | :3.65 m x 2.63 m |
| Br | :3.37 m x 3.53 m |
| Kitchen | :2.54 m x 2.71 m |
| Br | :3.26 m x 3.58 m |
| Living | :3.85 m x 5.60 m |
|---|---|
| Br | :3.18 m x 3.58 m |
| Living | :3.51 m x 5.58 m |
| Dining | :4.23 m x 3.30 m |
| Living | :3.80 m x 5.58 m |
| Kitchen | :3.47 m x 2.63 m |
| Exterior Finish | :Stucco/Plaster |
|---|---|
| Parking Space | :6 |
| Basement | :Full |
| Garage | :None |
|---|
07 Aug, 2024
TREB #X9242460
Listed
$899900.0
