Cross Streets: Water & Elgin. ** Directions: From queen st, head south on water st, property located on East side of st. Parking at rear. 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. (id:27476)
