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596688 10 CONCESSION, Chatsworth

7 BEDS · 4 BATHS · 3500 - 5000 sqft

$675,000

Turnkey Investment Opportunity - Fully Tenanted 4-Unit Property. Excellent opportunity to add a fully tenanted, income-producing property to your investment portfolio. Situated in a peaceful country setting with generous outdoor space, this well-maintained four-unit property offers a strong combination of stable rental income, tenant appeal, and low-maintenance ownership. The property features three 2-bedroom units and one spacious 1-bedroom unit, all currently occupied. Each unit is separately metered for hydro, with tenants responsible for their own electricity, helping to keep operating expenses manageable.Several important updates have already been completed, including improvements to the roof, windows, heating system, paint, and flooring in select units, helping reduce the need for significant near-term capital expenditures. Additional income is generated through coin-operated laundry, while dedicated basement storage areas provide added convenience for each tenant. With a solid tenant base, established income, desirable rural setting, located close to Owen Sound, ample yard space, and key improvements already completed, this property offers an attractive turnkey opportunity for investors looking for a well-established multi-residential property with continued rental potential. **Total Rental Income $59,849, Laundry $2,000, Total Gross Income $61,849. Expenses $13,975. Net Operating Income $47,874.**

General Info


MLS Listing ID: X13779012 Bedrooms: 7 Bathrooms: 4 Year Built: 0
Listing Type: Multi-family Half Baths: N/A Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: Stone Roof: N/A Title To Land: N/A Parking Space Total: 5
Parking: No Garage Heating: Other Size: 3500 - 5000 sqft Air Conditioning : None
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: Full, N/A, N/A
Water Supply: N/A Road Type: N/A Pool Type: N/A
Listed BY: MELANIE SAUVE-HAVILAND, RE/MAX Grey Bruce Realty Inc.

Amenities/Features


  • Wooded area
  • Conservation/green belt

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