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.
Full Property Details
Interior
Bedrooms
7
Total Bedrooms
7
Washrooms
4
Square Footage
2000-2500 sqft
Basement
Other
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
None
Family Room
No
Kitchens
4
Total Kitchens
4
Fireplace Features
No
Bedrooms
7
Total Bedrooms
7
Washrooms
4
Square Footage
2000-2500 sqft
Basement
Other
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
None
Family Room
No
Kitchens
4
Total Kitchens
4
Fireplace Features
No
Exterior
Depth
120.0
Front
60.0
Lot Size
60 x 120.0 ft
Pool
None
Parking Spaces
10
Total Parking Spaces
10.00
Parking Description
None
Garage Spaces
0
Zoning
R3
Depth
120.0
Front
60.0
Lot Size
60 x 120.0 ft
Pool
None
Parking Spaces
10
Total Parking Spaces
10.00
Parking Description
None
Garage Spaces
0
Zoning
R3
Building Description
Style
2-Storey
Home Type
Apartment
Subtype
Fourplex
Property Orientation
East
Exterior Finish
Stucco (Plaster)
Sewers
Sewers
Water Supply
Municipal
Possession Date
10/23/2026
Style
2-Storey
Home Type
Apartment
Subtype
Fourplex
Property Orientation
East
Exterior Finish
Stucco (Plaster)
Sewers
Sewers
Water Supply
Municipal
Possession Date
10/23/2026
Community
Community
Port McNicoll
Community
Port McNicoll
Taxes & Fees
Taxes
$2,117 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$2,117 /yr
Tax Year
2025
Occupancy
Tenant
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