210 York Street Active

Palmerston,ON N0G 2P0

$ 899900

6 Beds

5 Baths

4243 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-5 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 4,243 sqft

Price per Sqft $212

MLS Listing ID 40630237

Bedrooms 6

Abv Grd Liv Area 4,243

Originating Board Mississauga

Annual Tax Amount $5,392

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

Area Minto

Zoning Residential

Direction York and Main St

Rooms

Basement Full,Unfinished

Kitchen 0

Interior

Interior Features Separate Hydro Meters

Heating Other

Cooling None

Fireplace No

Appliance Dishwasher,Dryer,Refrigerator,Stove,Washer

Laundry In-Suite

Exterior

Waterfront No

Roof Type Asphalt Shing

Lot Frontage 72.0

Lot Depth 132.0

Garage No

Building

Lot Description Park,Place of Worship,Schools,Shopping Nearby

Faces York and Main St

Story 3

Foundation Concrete Block

Sewer Sewer (Municipal)

Water Municipal

Structure Type Stucco

New Construction No

Others

Senior Community No

Tax ID 710400030

Ownership Freehold/None

View More
Favorite Go Tour