757 Fourth Avenue, Tay, ON L0K 1R0
Tay, ON L0K 1R0
About this property
INVESTMENT OPPORTUNITY! Fully tenanted four-plex offering and excellent opportunity for investors seeking a turnkey income producing property. The property features four- self contained residential units, including Unit 1- 2 Bed, Unit 2- 1 Bed, Unit 3- 2 Bed, Unit 4- 2 bed, providing a desirable mix of long-term rental demand. Current gross rental income $78,000 annually from the 4 units, laundry and storage. Current operating expenses are approximately $17,126 annually, resulting in a Net of $60,873. Well suited for experienced investors and those looking to add a multi-residential property to their portfolio. With all 4 units occupied, the property offers immediate rental income and an established tenant base. Property is fully tenanted. Showings of the interior are available following an acceptable offer, with appropriate notice to tenants. Please do not disturb the tenants. Bonus: Mixed use zoning allowing for residential or commercial.
Property facts & features
- Property type
- Fourplex
- MLS® number
- S13821326
- Source status
- New
- Bedrooms
- 7
- Bathrooms
- 4
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- L0K 1R0
- Parking spaces
- 10
- Garage
- None
- Lot depth (source units)
- 120
- Annual property tax
- 2117
- Basement
- Other
- Laundry
- Not provided
- Interior features
- Carpet Free
- Exterior features
- Year Round Living
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $849,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Tay →Listing brokerage: CENTURY 21 B.J. ROTH REALTY LTD.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® S13821326. Information deemed reliable but not guaranteed.