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 rented out in 2024 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:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
6
Bathrooms
5
Lot
72 x 132 ft
Listing Contract Date
2025-02-03
Location Description
York and Main St
Ownership Type
Freehold
# of Parking Spaces
6
Property Type
Single Family
Structures
Workshop
Transaction Type
For sale
Zoning Description
Residential
Building
Appliances
Dishwasher, Dryer, Stove, Washer, Refrigerator
Basement Type
Full
Construction Style (Attachment)
Detached
Exterior Finish
Stucco
Foundation Type
Block
Heating Fuel
Natural gas
Heating Type
Other
Stories Total
3
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Bedroom
Second level
3.26 m x 3.58 m
Kitchen
Second level
3.47 m x 2.63 m
Dining room
Second level
4.23 m x 3.3 m
Kitchen
Second level
2.54 m x 2.71 m
Living room
Second level
3.8 m x 5.58 m
Dining room
Ground level
4.24 m x 3.28 m
Living room
Ground level
3.85 m x 5.6 m
Kitchen
Ground level
2.54 m x 2.78 m
Bedroom
Ground level
3.18 m x 3.58 m
Kitchen
Ground level
3.65 m x 2.63 m
Living room
Ground level
3.51 m x 5.58 m
Bedroom
Ground level
3.37 m x 3.53 m
Land
Total Size
72 x 132 FT
Sewer
Sanitary sewer
Size of Irregular Land
72 x 132 FT
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