Description
Well-built, purpose-designed four-plex, an excellent addition to any investment portfolio! Constructed with durability in mind, this solid building features concrete block hallways, front and rear entrances, a tin roof, updated windows, and a low-maintenance stucco exterior. Three of the four units share identical layouts: 3 bedrooms, a spacious living room, large dining area, kitchen, 4-piece bath, and in-unit laundry. One basement unit has been modified to include 2 bedrooms (instead of 3) due to the utility/metre room. All units have been fully renovated within the past 10 years and feature individual hydro meters, 3 of 4 tenants pay their own utilities. Annual rents total: $61,200...with a net income of $42,719.44. A turnkey opportunity with additional income potential, don't miss out! (id:13843)
Details
| MLS # | T13056686 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 179 |
| Listing Provided By | CENTURY 21 TEMISKAMING PLUS BROKERAGE | Daniel Goudreault |
Features
| Bed(s) | 11 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,000 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | R |
Interior
| Cooling | Window air conditioner |
|---|---|
| Heating | Baseboard heaters, Electric |
| Appliances | Water Heater |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Hillside, Irregular lot size |
|---|---|
| Foundation Details | Block |
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 4 |
Utilities
| Utilities | Sewer, Electricity, Cable |
|---|---|
| Sewer | Sanitary sewer |
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 10433.2 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Cobalt |
| Postal Code | P0J1C0 |
| Listing VS Median (in P0J1C0) | |
Price: $395,000 low | high Med: $294,500 sqft: 2,000 low | high Med: 8,800 $ / sqft: $198 low | high Med: $33 On site: 179 low | high Med: 94 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Cobalt |
| Postal Code | P0J1C0 |
| Listing VS Median (in P0J1C0) | |
Price: $395,000 low | high Med: $294,500 sqft: 2,000 low | high Med: 8,800 $ / sqft: $198 low | high Med: $33 On site: 179 low | high Med: 94 | |
