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$ 915,000
Est. payment /mo
Active
69 Water ST S St. Marys, ON N4X 1A3
8 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision St. Marys
MLS Listing ID X12555116
Style 2 1/2 Storey
Bedrooms 8
Annual Tax Amount $5,573
Tax Year 2024
Property Sub-Type Fourplex
Property Description
A solid brick fourplex offering a reliable income stream with significant upside potential. The property includes two main-floor one-bedroom units, each featuring in-suite laundry, a bright rear sunroom, and access to a private deck. At the back of the property you'll find dedicated parking for tenants, along with a small storage shed.The upper units span the second and third storeys and each provides three bedrooms, in-suite laundry, and its own forced-air gas furnace and central air system. All four units are separately metered for water, gas, and hydro, making ongoing management straightforward.The building has been well cared for, highlighted by a durable steel roof. Two hot water heaters are owned and two are on rental agreements through Reliance. All tenants have been long-term, with room for rent growth over time.This is a strong opportunity to add a stable and well-structured multi-residential asset to your portfolio in a desirable small-town setting.
Location
Province ON
County Perth
Area Perth
Rooms
Family Room No
Basement Partial Basement, Unfinished
Kitchen 4
Interior
Interior Features Separate Hydro Meter, Separate Heating Controls
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Porch
Parking Features Private
Pool None
Roof Type Metal
Topography Flat
Lot Frontage 49.5
Lot Depth 150.0
Total Parking Spaces 4
Building
Foundation Stone
Others
ParcelsYN No
Listed by RE/MAX CENTRE CITY REALTY INC.