757 Fourth Avenue,Tay (Port McNicoll), ON L0K1R0
Tay (Port McNicoll), ON L0K1R0
Description
INVESTMENT OPPORTUNITY! Fully tenanted four-plex offering and excellent opportunity for investors seeking a turnkey income producing property. The property features four- self contained residential units, including Unit 1- 2 Bed, Unit 2- 1 Bed, Unit 3- 2 Bed, Unit 4- 2 bed, providing a desirable mix of long-term rental demand. Current gross rental income $78,000 annually from the 4 units, laundry and storage. Current operating expenses are approximately $17,126 annually, resulting in a Net of $60,873. Well suited for experienced investors and those looking to add a multi-residential property to their portfolio. With all 4 units occupied, the property offers immediate rental income and an established tenant base. Property is fully tenanted. Showings of the interior are available following an acceptable offer, with appropriate notice to tenants. Please do not disturb the tenants. Bonus: Mixed use zoning allowing for residential or commercial. (id:13843)
Details
| MLS # | S13821326 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 30 |
| Listing Provided By | CENTURY 21 B.J. ROTH REALTY LTD. | BRITNEY PEEL |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,000 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | R3 |
Interior
| Cooling | None |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | All |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Carpet Free |
|---|---|
| Foundation Details | Poured Concrete |
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 10 |
Utilities
| Utilities | Sewer, Electricity |
|---|---|
| Sewer | Sanitary sewer |
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 2117 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| City | Tay (Port McNicoll) |
| Postal Code | L0K1R0 |
| Listing VS Median (in L0K1R0) | |
Price: $849,000 low | high Med: $614,900 sqft: 2,000 low | high Med: 700 $ / sqft: $425 low | high Med: $878 On site: 30 low | high Med: 2 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Tay (Port McNicoll) |
| Postal Code | L0K1R0 |
| Listing VS Median (in L0K1R0) | |
Price: $849,000 low | high Med: $614,900 sqft: 2,000 low | high Med: 700 $ / sqft: $425 low | high Med: $878 On site: 30 low | high Med: 2 | |
