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757 FOURTH AVENUE, Tay (Port McNicoll)

7 BEDS · 4 BATHS · 2000 - 2500 sqft

$849,000

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.

General Info


MLS Listing ID: S13821326 Bedrooms: 7 Bathrooms: 4 Year Built: 0
Listing Type: Multi-family Half Baths: N/A Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: Poured Concrete Roof: N/A Title To Land: N/A Parking Space Total: 10
Parking: No Garage Heating: Forced air Size: 2000 - 2500 sqft Air Conditioning : None
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: N/A (Other, See Remarks)
Water Supply: Municipal water Road Type: N/A Pool Type: N/A

Amenities/Features


  • Carpet Free

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