767 Second Avenue, Port McNicoll, ON Port McNicoll

$949,900
SKU: 40388143
Property type: Fourplex
Area (Sq Ft)
1730
Bedrooms
4
Bathrooms
4

The space

  • Property Type: Multi-family
  • Building Type: Fourplex
  • Storeys: 2
  • Land Size: under 1/2 acre
  • Features: Park/reserve, Beach
  • Fire Protection: Smoke Detectors
  • Total Units: 4
  • Heating Type: Baseboard heaters
  • Utility Sewer: Municipal sewage system
  • Water: Municipal water
  • Exterior Finish: Vinyl siding
  • Amenities Nearby: Beach, Marina, Park, Playground
  • Zoning Description: R2-15

Description

Are you looking for that perfect investment opportunity? Purpose built, vacant 4-plex is ready for your tenants. This build has 4 X 1 Bedroom units each with their own personal onsite storage locker. Rents are estimated to yield $1600/month + Hydro for the ground level units and $1400/month + Hydro for the second level units. The buyer will benefit from roughly $96,000 in new house tax credits once the property is tenanted. Great location, only steps from the water and recreational trails. Prior to completion the seller will complete the grading, parging at the base of the wall and have the yard sodded. Whether you’re a seasoned investor or just starting out this is a great opportunity to be able to pick your tenants and have a low maintenance income stream added to your portfolio.

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Contact the Agent

Eric Beutler

Sales Representative
Meet Eric Eric is no stranger to Real Estate, having made many Real Estate transactions as ‘a client’, he has a clear understanding of how it feels to be in the middle of a transaction. This feeling has really helped Eric resonate with his clients and empathize with the support and guidance that they will need.  A family man, Eric loves to be outside as much as possible, spending time camping, fishing and skiing. Despite rupturing both Achilles Tendons, Eric is very involved in the community athletic world with himself and his children. When not outside, Eric enjoys woodworking and making custom furniture.  Eric is a problem solver and nothing motivates him more than finding a solution to a challenge and being able to do things for others. Whether it’s cleaning up someone’s yard, making a custom table, negotiating the best deal or even just being a support to someone…