Quick Summary
Quick Summary
- Fully rented 5-plex investment property
- Reliable long-term tenants in 4 units
- Brand new boiler system installed in 2022
- Parking for up to 6 cars with front and back pads
- Approved for 6th unit, with potential to expand
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... Show More
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:54626)
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Property Details
Size
Parking
Lot
Build
Heating & Cooling
Utilities
Rooms
Bedroom
11′8″ x 10′8″
Kitchen
8′7″ x 11′4″
Dining room
10′9″ x 13′10″
Kitchen
8′10″ x 8′4″
Living room
18′3″ x 12′5″
Dining room
10′9″ x 13′10″
Ownership Details
Ownership
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For Sale Nearby
Sold Nearby
- 2
- 1
- 1,100 - 1,500 Sq. Ft.
- 3
- 2
- 2,500 - 3,000 Sq. Ft.
- 5
- 3
- 1,500 - 2,000 Sq. Ft.
- 3
- 1
- 1,100 - 1,500 Sq. Ft.
- 4
- 3
- 1,100 - 1,500 Sq. Ft.
- 2
- 2
- 1,500 - 2,000 Sq. Ft.
- 3
- 2
- 1,100 - 1,500 Sq. Ft.
- 3
- 3
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