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$ 689,000
Est. payment | /mo
8 Beds
3,351 SqFt
$ 689,000
Est. payment | /mo
8 Beds
3,351 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,351 sqft
Price per Sqft $205
Subdivision Tillsonburg
MLS® Listing ID X10744950
Bedrooms 8
Originating Board Woodstock Ingersoll Tillsonburg and Area Association of REALTORS® (WITAAR)
Property Description
Designed with the concept of a private owner's suite at the rear, this exceptional 4-plex in downtown Tillsonburg offers unlimited potential. Whether you envision living in the spacious back unit while the rental income from the front three units covers your mortgage, or you're a savvy investor seeking an excellent opportunity, this property provides flexibility and convenience with walking access to numerous amenities.\r\n\r\nThe back unit features a raised ranch layout with generous living space, two bedrooms, two bathrooms, a private laundry area, and a back patio overlooking a large yard?ideal for summer relaxation. Meanwhile, the three front units are tenant-occupied and heated by electric heat, with tenants covering utility costs.\r\n\r\nIn 2009, the front units were extensively renovated, taken down to the studs, and rebuilt to code, featuring new vinyl windows, \r\nseparately metered plumbing and electrical systems, updated kitchens and bathrooms, new entry doors, and fire separations?all inspected and approved. Additional updates include a new roof in 2016, new windows in the back unit in 2022, and a newly added asphalt pad (21' x 24') in front of the garage for added convenience.\r\n\r\nBuyer to assume all tenants.\r\n\r\nThis impeccably maintained property is ready to meet a variety of needs?don't miss this exceptional investment opportunity! (id:24570)
Location
Province ON
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 7
Private Pool No
Building
Sewer Sanitary sewer
Listed by Re/Max a-b Realty Ltd Brokerage
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