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Palmerston,ON N0G2P0
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 4,243 sqft
Price per Sqft $212
Subdivision Minto
MLS Listing ID 40630237
Bedrooms 6
Originating Board Cornerstone - Mississauga
Property Description
Welcome to your new investment property! This fantastic gem in beautiful Palmerston is easy investing at it's finest. A fully rented 5-plex is ready to be added to your portfolio. Each unit is fully self-contained with a fridge, stove, washer and dryer. Units 2,3,4 and 5 have long-term, reliable tenants who have been in place for the last 7+ years. Unit 1 was just rented out at today's market rent rate of $1,400/month. Brand new boiler system was installed in June of this year. Parking for up to 6 cars with a front and back parking pad. Nearby everything that Palmerstion has to offer. Plus, the property was approved for a 6th unit, permitted back in 2021, but was just never built (you can see the potentially outline for the new unit at the back of the home). This is an investors dream: fully tenanted, with stable and reliable tenants, a brand new heating system, and with the potential of a 6th unit, room to grow! (id:24570)
Location
Province ON
Interior
Heating Other
Cooling None
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold