$599,000

Investment For Sale In Madoc, Ontario

$599,000

Property Information:

Impeccably maintained Fourplex in the heart of Madoc. With four individual units, this property offers a fantastic income-generating opportunity for investors. Units 1-3 have 1 bedroom, 1 bath and electric heat. Unit 4 has 3 bedrooms, 2 bathrooms with forced air gas heat and A/C with new flooring. Each unit has its own separate entrance as well as access to the rear yard and ample parking area. The units are all individually metered and tenants pay their own utilities. This property has minimal maintenance, with aluminum siding exterior and metal roof. Nestled in the heart of Madoc, this fourplex is strategically located near schools, parks, shopping, and places of worship. The sought-after neighbourhood ensures high demand from both tenants and potential buyers and is walking distance to everything. (id:7525)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Type: None
  • Exterior Finish: Aluminum siding
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Electric, Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 5
  • Access Type: Road access
  • Amenities Nearby: Park
  • Lot Depth: 166.0 Feet
  • Lot Frontage: 65.0 Feet
  • Zoning: C1
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 6

Courtesy of: Royal LePage ProAlliance Realty

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