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757 Fourth Avenue Tay (Port Mcnicoll), Ontario L0K 1R0

7 Bedroom 4 Bathroom 2000 - 2500 sqft
None Forced Air

$849,000

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:40227)

Property Details

MLS® Number S13821326
Property Type Multi-family
Community Name Port McNicoll
Features Carpet Free
ParkingSpaceTotal 10

Building

BathroomTotal 4
BedroomsAboveGround 7
BedroomsTotal 7
Appliances All
BasementDevelopment Other, See Remarks
BasementType N/a (other, See Remarks)
CoolingType None
ExteriorFinish Stucco
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 2000 - 2500 Sqft
Type Fourplex
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 120 Ft
SizeFrontage 60 Ft
SizeIrregular 60 X 120 Ft
SizeTotalText 60 X 120 Ft
ZoningDescription R3

Utilities

Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/30319881/757-fourth-avenue-tay-port-mcnicoll-port-mcnicoll

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RE/MAX Hallmark Chay Realty
152 Bayfield Street, 100078 & 100431
Barrie, Ontario L4M 3B5

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