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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

  • Heating : BaseboardElectric
  • Sewer : Sewer ,

Listing Contracted With: RE/MAX By The Bay Brokerage

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