Calling all investors - - with falling interest rates this property is earning more and more every time the rates drop. Don't miss this great investment opportunity. If you are looking to start your real estate investment portfolio or would like to add to your existing properties, this is a property with an excellent ROI. This four-plex is located within walking distance of downtown Huntsville. The building was completely renovated in 2012 with new plumbing, electrical, siding, roof, windows, doors, flooring, cabinetry, bathrooms and fixtures, and R60 insulation. New commercial boiler installed in July 2023. This property has four, one bedroom units with natural gas hot water radiators, separate hydro panels in each unit, modern kitchens, bathrooms, and finishes. The basement has coin-operated laundry and a separate storage space for the landlord. Plenty of parking, and nicely treed back and side yards for tenants to enjoy. This R4 zoning allows for development of townhouses in the future! A good mix of long-term and newer tenants, creating stability while also generating market value rents. All 4 units fully rented with excellent income. Please allow 24 hours notice for all showings.
Property Type:
Residential Freehold
Property Sub Type:
Fourplex
Home Style:
2-Storey
Total Approx Floor Area:
1500-2000
Lot Depth:
164'50 m
Lot Frontage:
67'20.4 m
Lot Details:
164 x 67
Direction Faces:
North
Bedrooms:
4
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
4
Bedrooms Above Grade:
4
Kitchens Above Grade:
4
Rooms Above Grade:
12
Zoning:
R4
Heating type:
Radiant
Heating Fuel:
Gas
Fireplaces:
0
Cooling:
No
New Construction:
No
Foundation:
Stone
Roof:
Metal
Basement:
Partial Basement
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Front Yard Parking, Other
Parking Spaces:
6
Total Parking Spaces:
6.0
Family Room:
No
Possession Details:
60 Days
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Taxes:
$4,289 /
2025
Assessment:
$- /
-
Muskoka
Huntsville
Chaffey
Golf, Hospital
Irregular Lot
Separate Heating Controls, Upgraded Insulation, Sump Pump
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