4494 RIVER ROAD
Horton, Ontario
MLS® X14094346
$499,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X14094346
- Bedrooms
- 10
- Bathrooms
- 6
- Year built
- —
Listing description
OPPORTUNITY KNOCKS!! LEGAL 4PLEX - INVESTMENT PROPERTY on STUNNING 2. 1 ACRE WATERFRONT PROPERTY with BEACH on the shores of the Ottawa River, just outside Renfrew.
Exceptional property for potential future redevelopment or continued long term use for investment with a LUCRATIVE 9% CAP RATE. The current building is a Legal FOUR-PLEX (+ 2 non-conforming units). Loads of opportunity for the right Buyer...
RENTS (all inclusive) aprx. $78,955. 92 per annum.
Units 1,2,3,4,6 tenant occupied, unit 6 FULLY RENOVATED and move in ready. 2 car garage currently vacant - landlord use only. 2 NEW PROPANE FURNACES and 1 NEW AC (2025).
Please do not visit the property without a booked showing appointment.
Property summary
- MLS® number
- X14094346
- Property type
- Multi-family
- Building type
- Fourplex
- Land size
- 355.8 x 240 FT
- Annual property taxes
- $4,556.00
- Parking
- 12 spaces · Attached Garage, Garage, Shared
- Days on market
- 12 days
Features & details
- Heating
- Forced air, Propane
- Cooling
- Central air conditioning
- Basement
- Partially finished, Apartment in basement, Separate entrance, N/A, N/A, N/A
- Appliances
- Washer, Refrigerator, Stove, Dryer
- Exterior features
- Vinyl siding
- Lot features
- Irregular lot size
- View
- Direct Water View
- Waterfront
- Waterfront on river
What would this home cost you?
Based on the $499,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of PAUL RUSHFORTH REAL ESTATE INC., OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.