Description
Exceptional 4-Plex Investment Opportunity in a High-Demand Rental Community Discover this 4-unit income property perfectly situated in a quiet, desirable neighbourhood known for strong rental demand. This versatile building features three 1-bedroom units and one spacious 3-bedroom unit, offering a solid mix for long-term cash flow and tenant appeal. Property Highlights: 4 Total Units: (3) One-Bedroom Units (1) Three-Bedroom Unit with In-Unit Laundry Current Income: Two units are already rented, providing immediate revenue. One unit has been refreshed and is ready for a new tenant. One unit requires some work before renting, offering the opportunity to customize and increase future rental potential. Tenant Amenities: Onsite shared laundry Dedicated tenant storage spaces Location Advantages: Quiet, established residential area Highly sought-after by renters Close to amenities, transit, and community services Whether you're expanding your portfolio or stepping into multifamily ownership, this 4-plex provides both stable returns and value-add potential. A rare opportunity in a rental market with consistently strong demand. (id:13843)
Details
| MLS # | SM253512 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1945 |
| Days On Site | 244 |
| Listing Provided By | Exit Realty True North | Tracey Wetzl |
Features
| SQ Feet | 3,800 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
Interior
| Heating | Baseboard heaters |
|---|---|
| Fireplace Yes / No | No |
Parking
| Parking Features | Gravel |
|---|
Utilities
| Utilities | Electricity, Cable, Telephone |
|---|---|
| Sewer | Municipal sewage system |
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 1793.16 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Chapleau |
| Postal Code | P0M1K0 |
| Listing VS Median (in P0M1K0) | |
Price: $275,000 low | high Med: $252,500 sqft: 3,800 low | high Med: 804 $ / sqft: $72 low | high Med: $317 On site: 244 low | high Med: 54 | |
Request a showing
Request a showing
Contact
Learn More About This Property
| Province | ON |
|---|---|
| City | Chapleau |
| Postal Code | P0M1K0 |
| Listing VS Median (in P0M1K0) | |
Price: $275,000 low | high Med: $252,500 sqft: 3,800 low | high Med: 804 $ / sqft: $72 low | high Med: $317 On site: 244 low | high Med: 54 | |
