Discover a prime rental opportunity with this well-maintained property featuring four distinct units. The standout unit is a spacious 3-bedroom gem, showcasing original red pine flooring and modern updates throughout, with a projected rental income of around $1800 once the current owners sell and relocate. The building also includes three additional 2-bedroom units, each with their own laundry facilities, updated windows, and shingled roof in the last 7 years. The main floor back unit boasts separate access from the side street and carport parking, while the upper fourth unit offers a delightful deck perfect for morning coffee. The detached shop is a dream for hobbyists, complete with a 2-piece washroom, hydro, and natural gas heat. With potential to convert the shop's second level into a bachelor suite for extra rental income or to sever the lot and sell it at market value, this property presents a versatile and lucrative investment opportunity. (id:4069)
Address
163 JOHN STREET S
List Price
$1,099,900
Property Type
Multi-family
Type of Dwelling
Other
Area
Ontario
Sub-Area
Minto
Bedrooms
10
Bathrooms
4
Floor Area
3,500 Sq. Ft.
Lot Size
165.2 x 132.1 FT Sq. Ft.
MLS® Number
X12049615
Listing Brokerage
RE/MAX Midwestern Realty Inc
Basement Area
N/A
Postal Code
N0G1Z0
Zoning
R1B
