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$899,900
Est. payment /mo
6 Beds
5 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision Minto
MLS Listing ID X12144463
Style 3-Storey
Bedrooms 6
Annual Tax Amount $5,392
Tax Year 2024
Property Sub-Type Detached
Lot Depth 132.0
Lot Front 72.0
Appx SqFt 3500-5000
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!
Location
Province ON
County Wellington
Community Minto
Area Wellington
Zoning Residential
Rooms
Family Room No
Basement Full
Kitchen 5
Interior
Interior Features None
Cooling None
Inclusions Fridge, stove, washer, dryer in each unit. Dishwasher in unit 5. Shed in the backyard. Brand new boiler 2024.
Exterior
Parking Features Private Triple
Pool None
Roof Type Asphalt Shingle
Lot Frontage 72.0
Lot Depth 132.0
Total Parking Spaces 6
Building
Foundation Concrete Block
Others
Senior Community No
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Listed by RIGHT AT HOME REALTY