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$ 599,000
Est. payment | /mo
$ 599,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 26008265
Year Built 1900
Property Sub-Type Freehold
Property Description
Excellent investment opportunity! 4-plex in the heart of Dresden featuring two–2-bedroom units and two–1-bedroom units, all with existing tenants in place—buyer to assume tenants. ALL UNITS ARE SEPARATELY METERED WITH EACH TENANT RESPONSIBLE FOR THEIR OWN HYDRO, WATER AND GAS. Gross annual income of $52,722.84 with rents as follows: Unit 1 – $1,300/month plus utilities, Unit 2 – $1,310.98/month plus utilities, Unit 3 – $582.59/month plus utilities, Unit 4 – $1,200/month plus utilities. Property features newer gas furnaces, and a new asphalt shingled roof. Ideally located directly across from the splash pad, baseball diamond, and community pool, and within a short walking distance to Dresden Area Central School and all downtown amenities, no driving necessary. A well-located, solid income-producing property with strong rental appeal. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Furnace,
Flooring Hardwood, Laminate
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Story 2
Others
Ownership Freehold
Nearby Locations

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