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. (id:50947)
| MLS® Number | X10406365 |
| Property Type | Multi-family |
| Community Name | 65 - Town of Mitchell |
| Parking Space Total | 7 |
| Bathroom Total | 4 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Amenities | Separate Electricity Meters |
| Appliances | Dishwasher, Dryer, Refrigerator, Stove, Washer |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Vinyl Siding |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Other |
| Utility Water | Municipal Water |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 77 Ft ,6 In |
| Size Frontage | 106 Ft ,7 In |
| Size Irregular | 106.66 X 77.5 Ft |
| Size Total Text | 106.66 X 77.5 Ft|under 1/2 Acre |
| Zoning Description | R2 |
Contact us for more information
Taylor Ivany
Salesperson
(519) 649-1888
(519) 649-1888
www.soldbyblue.ca/
Lara Cutler
Salesperson
(519) 649-1888
(519) 649-1888
www.soldbyblue.ca/
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The Reitzels
Keller Williams Innovation
640 Riverbend Drive
Kitchener, ON N2K 3S2
Phone: 519-570-6299 or
519-570-4447
Email: info@TheReitzels.com
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