4494 River Road, Horton, Ontario K7V 3Z8

Listed for:
$499,000
10 beds
6 baths
Listed 8 days ago
Fourplex for rent: 4494 River Road, Horton, Ontario K7V 3Z8

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About

Cross Streets: River Rd / Castleford Rd. ** Directions: HWY 17 to Castleford Rd. (20), Left at River Rd. 4494 is on the right. OPPORTUNITY KNOCKS!! LEGAL 4PLEX - INVESTMENT PROPERTY on STUNNING 2.1 ACRE WATERFRONT PROPERTY with BEACH on the shores of the Ottawa River, just outside Renfrew. Exceptional property for potential future redevelopment or continued long term use for investment with a LUCRATIVE 9% CAP RATE. The current building is a Legal FOUR-PLEX (+ 2 non-conforming units). Loads of opportunity for the right Buyer... RENTS (all inclusive) aprx. $78,955.92 per annum. Units 1,2,3,4,6 tenant occupied, unit 6 FULLY RENOVATED and move in ready. 2 car garage currently vacant - landlord use only. 2 NEW PROPANE FURNACES and 1 NEW AC (2025). Please do not visit the property without a booked showing appointment. (id:27476)

Property Highlights

MLS® Number
X14094346
Type
Multi-family
Community Name
544 - Horton Twp
Land Size
355.8 x 240 FT|2 - 4.99 acres
Parking Space Total
12

Building

Building Type
Fourplex
Storeys
2.00
Square Footage
3000 - 3500 sqft
Bathrooms Total
6
Bedrooms Above Ground
10
Bedrooms Total
10
Amenities
Beach
Exterior Finish
Vinyl siding
Fireplace Present
No
Basement Type
N/A (Partially finished), N/A, N/A
Basement Features
Separate entrance, Apartment in basement
Building Heating Type
Forced air
Heating Fuel
Propane
Building Cooling Type
Central air conditioning

Utilities

Utility Sewer
Septic System

Location

Learn more about this property
Listing provided by:
PAUL RUSHFORTH REAL ESTATE INC.
MLS® number:
X14094346
Agent:
Angela (angie) White
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