757 FOURTH AVENUE
Tay (Port McNicoll), Ontario
MLS® S13821326
$849,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- S13821326
- Bedrooms
- 7
- Bathrooms
- 4
- Year built
- —
1 / 25Listing 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.
Property summary
- MLS® number
- S13821326
- Property type
- Multi-family
- Building type
- Fourplex
- Land size
- 60 x 120 FT
- Annual property taxes
- $2,117.00
- Parking
- 10 spaces · No Garage
- Days on market
- 5 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Basement
- Other, See Remarks, N/A
- Appliances
- All
- Exterior features
- Stucco
- Lot features
- Carpet Free
What would this home cost you?
Based on the $849,000 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 CENTURY 21 B.J. ROTH REALTY LTD., BARRIE.
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.