Real Estate Listing Listing ID: 40338957
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Agent Details
$595,000 24124 WINTER LINE Road, Paincourt, Ontario, N0P1Z0
Great income producing property with more income potential and recent significant upgrades. Since 2020, the brickwork has been extensively repointed and the roof has been replaced as well as a new larger parking lot, new C02 and smoke alarms, fire extinguishers, and deadbolts and passage sets on entry doors. Unit #4 has been renovated and the other three units are clean and in good shape. Water heaters and furnace are owned; there is no rental equipment. In addition the unused garage unit has a few potential income-producing possibilities with 423 sq ft of interior space with new concrete floor and pine walls as well as electrical outlets and lights already installed. The four units are rented and even without the potential garage unit or adding laundry in the basement, the building already sustains an impressive capitalization rate of 4.77 at the asking price. This property should go quickly. Be sure to book your appointment to see it soon. (id:6909)
| Bathrooms4 | Bedrooms5 |
| Property TypeMulti-family | Built in1910 |
| Lot Size0.3 acres | Building Area2194 |
Listing Office: Keller Williams Home Group Realty
Data Provided by Guelph & District Association of REALTORS®
Last Modified :21/12/2022 02:36:49 PM
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