Added 5 hours ago
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Type: Detached
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Style: 2-Storey
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Lot Size: 67 x 164 Acres
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Age: No Data
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Taxes: $4,165 per year
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Added: Dec 18, 2024 (5 hours ago)
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Updated:
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Last Checked: 3 hours ago
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MLS®#: X11896797
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Listed By: Re/max professionals north
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.
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Property
Status: Sale
Property Type: Detached
Style: 2-Storey
Area: Huntsville
Community: Chaffey
Inside
Bedrooms: 4
Bathrooms: 4
Kitchens: 4
Rooms: 12
Den/Family Room: No
Air Conditioning: None
Fireplace: No
Washrooms: 4
Building
Basement: Part Bsmt
Heat Type: Radiant
Heat Source: Gas
Exterior: Vinyl Siding
Elevator: N
UFFI: No
Water Supply: Municipal
Special Designation: Unknown
Parking
Driveway: Front Yard
Garage Type: None
Covered Parking Spaces: 6
Total Parking Spaces: 6
Fees
Tax Year: 2024
Tax Legal Description: PT LT 14 PL 24 HUNTSVILLE PT 2 35R4605; HUNTSVILLE; THE DISTRICT
Taxes: $4,165
Highlights
Feature: Golf
Feature: Hospital
Land
Cross Street: Hwy 11 to West Rd, f
Municipality District: Huntsville
Fronting On: North
Parcel Number: 480870088
Pool: None
Sewer: Sewers
Lot Depth: 164 Acres
Lot Frontage: 67 Acres
Zoning: R4
Easements Restrictions: Unknown
Somewhat Walkable
- Some errands can be accomplished on foot.
Somewhat Bikeable
- Most errands require a car.
Saint Mary's School
Elementary: CatholicPine Glen Public School
Elementary: PublicV K Greer Memorial Public School
Elementary: PublicSpruce Glen Public School
Elementary: PublicRiverside Public School
Elementary: PublicHuntsville Public School
Elementary: PublicSt Dominic Catholic Secondary School
Secondary: CatholicGravenhurst High School
Secondary: PublicAlmaguin Highlands Secondary School
Secondary: PublicBracebridge and Muskoka Lakes Secondary School
Secondary: PublicHuntsville High School
Secondary: PublicTrillium Lakelands' AETC's
Secondary: Public-
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