LOADING

101 Peel Street N St. Marys, Ontario N4X 1C2

2408 sqft

$790,000

Solid Investment Opportunity. This 4-unit, fully rented income property, is generating over $30,000 in net operating income annually and is your chance to get into the rental market or expand your current rental portfolio. There are four, 1 bedroom, 1 bath well-designed units each with their own entrance. Currently, inclusive rents encompass water, internet, and one of the various parking spots. Tenants individually cover the cost of hydro (electric heat), allowing them control over their own comforts. The building is equipped with a coin-operated washer/dryer for enhanced tenant convenience which can also supply extra income for the landlord. Recent upgrades including new appliances, toilets, and flooring along with shingles replaced in 2015 and windows in 2017. This investment promises both comfort and a resilient financial return. Click on the virtual tour link, view the floor plans, photos, and layout and then call your REALTOR® to review more information and financials regarding this great opportunity! (id:38395)

Property Details

MLS® Number 40532691
Property Type Multi-family
Amenities Near By Park, Place Of Worship, Schools
Features Paved Driveway, Laundry- Coin Operated
Parking Space Total 9

Building

Basement Development Unfinished
Basement Type Partial (unfinished)
Exterior Finish Brick, Metal
Foundation Type Stone
Heating Fuel Electric
Stories Total 2
Size Interior 2408 Sqft
Type Fourplex
Utility Water Municipal Water

Parking

Visitor Parking

Land

Acreage No
Land Amenities Park, Place Of Worship, Schools
Sewer Municipal Sewage System
Size Depth 82 Ft
Size Frontage 63 Ft
Size Total Text Under 1/2 Acre
Zoning Description R2

https://www.realtor.ca/real-estate/26457433/101-peel-street-n-st-marys

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