596688 10 Concession, Chatsworth, ON N0H 1G0
Chatsworth, ON N0H 1G0
About this property
Turnkey Investment Opportunity - Fully Tenanted 4-Unit Property. Excellent opportunity to add a fully tenanted, income-producing property to your investment portfolio. Situated in a peaceful country setting with generous outdoor space, this well-maintained four-unit property offers a strong combination of stable rental income, tenant appeal, and low-maintenance ownership. The property features three 2-bedroom units and one spacious 1-bedroom unit, all currently occupied. Each unit is separately metered for hydro, with tenants responsible for their own electricity, helping to keep operating expenses manageable.Several important updates have already been completed, including improvements to the roof, windows, heating system, paint, and flooring in select units, helping reduce the need for significant near-term capital expenditures. Additional income is generated through coin-operated laundry, while dedicated basement storage areas provide added convenience for each tenant. With a solid tenant base, established income, desirable rural setting, located close to Owen Sound, ample yard space, and key improvements already completed, this property offers an attractive turnkey opportunity for investors looking for a well-established multi-residential property with continued rental potential. **Total Rental Income $59,849, Laundry $2,000, Total Gross Income $61,849. Expenses $13,975. Net Operating Income $47,874.**
Property facts & features
- Property type
- Fourplex
- MLS® number
- X13779012
- Source status
- Price Change
- Bedrooms
- 7
- Bathrooms
- 4
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- N0H 1G0
- Parking spaces
- 5
- Garage
- None
- Lot depth (source units)
- 90.75
- Annual property tax
- 4319.28
- Basement
- Full, Separate Entrance, Walk-Out
- Laundry
- Not provided
- Interior features
- Water Softener
- Exterior features
- Deck
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
Price Change · $675,000
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Explore active properties in Chatsworth →Listing brokerage: RE/MAX Grey Bruce Realty Inc.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13779012. Information deemed reliable but not guaranteed.