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From Our Gallery
Description
Rare investment opportunity; fully rented 4 plex. Postitive cash flow. All units direct exterior entrances. All tenants month to month and pay own heat and hydro. Unit A- 3 bedroom, 1 bath, $1,500 per month; Unit B- 3 bedroom , 1 bath, $1,225.16 per month; Unit C- 2 bedroom, 1 bath, $1,322.50 per month; Unit D-2 bedroom, 1 bath $1,322.50 per month. 2024: Insurance $4,564; Utilities $6,114. 119' frontage with plenty of parking and potential to expand. Units A and B have in suite laundry.
Location Description
FIRSTLY: LOT 7 N/S FIRST ST, 8 N/S FIRST ST, 9 N/S FIRST ST PLAN 533 TAY; SECONDLY: PART LANE PLAN 533 TAY ABUTTING LOTS 7 TO 9, PLAN 533 CLOSED BY BY-LAW 2022-62 REGISTERED AS SC1979583 PART 1, 51R43963 TOWNSHIP OF TAY
Property Detail
- Community: Port McNicoll
- Property Type: Tenant/Residential Freehold
- Bedrooms: 8
- Bath: 4
- Garages: None
- Annual Property Taxes : $ 2998
- sqft
Facts and Features
- Foundation Type: Block
- Counstruction Material : Wood
- Total Parking Space : 10
- Parking Type : None
Amenities
Listing Contracted With: RE/MAX By The Bay Brokerage