Discover a prime rental opportunity with this well-maintained property featuring four distinct units. The standout unit is a spacious 3-bedroom gem, showcasing original red pine flooring and modern updates throughout, with a projected rental income of around $1800 once the current owners sell and relocate. The building also includes three additional 2-bedroom units, each with their own laundry facilities, updated windows, and shingled roof in the last 7 years. The main floor back unit boasts separate access from the side street and carport parking, while the upper fourth unit offers a delightful deck perfect for morning coffee. The detached shop is a dream for hobbyists, complete with a 2-piece washroom, hydro, and natural gas heat. With potential to convert the shop's second level into a bachelor suite for extra rental income or to sever the lot and sell it at market value, this property presents a versatile and lucrative investment opportunity. (id:41440)
MLS®:
X12049582
Type
Multifamily
County
Wellington County
Listed By
Sue Bolognone, Re/Max Midwestern Realty Inc
Source CREA Last checked Apr 2 2025 at 5:47 AM EDT
Disclaimer: The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 4/1/25 22:47
Description