Well-built, purpose-designed four-plex, an excellent addition to any investment portfolio! Constructed with durability in mind, this solid building features concrete block hallways, front and rear entrances, a tin roof, updated windows, and a low-maintenance stucco exterior. Three of the four units share identical layouts: 3 bedrooms, a spacious living room, large dining area, kitchen, 4-piece bath, and in-unit laundry. One basement unit has been modified to include 2 bedrooms (instead of 3) due to the utility/metre room. All units have been fully renovated within the past 10 years and feature individual hydro meters, though utilities are currently included in the rent. Monthly rents total: $4,250; Monthly utilities, taxes and insurance: $1,859; Net monthly income: $2,391; A turnkey opportunity with solid construction and great income potential, don't miss out!
Under Contract:
None
Property Type:
Residential Freehold
Property Sub Type:
Fourplex
Home Style:
Bungalow
Approx. Age:
51-99
Total Approx Floor Area:
2000-2500
Lot Size:
<.50
Depth:
156'10"47.8 m
Frontage:
105'32 m
Lot Shape:
Irregular
Topography:
Hillside
Direction Faces:
West
Bedrooms:
6+5
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
4
Kitchens in Basement:
2
Bedrooms Above Grade:
6
Bedrooms Below Grade:
5
Kitchens Above Grade:
2
Rooms Above Grade:
14
Rooms Below Grade:
14
Fractional Ownership:
No
Zoning:
R
Assignment:
No
Heating type:
Baseboard
Heating Fuel:
Electric
Foundation:
Concrete Block
Roof:
Metal
Basement:
Finished, Full
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
4.0
Other Structures:
None
Parking Features:
Private
Parking Spaces:
4
Total Parking Spaces:
4.0
Family Room:
No
Possession Details:
To be arranged
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Development Charges Paid:
Unknown
Taxes:
$4,854.3 /
2025
Assessment:
$- /
-
Cobalt
Cobalt
Timiskaming
Separate Heating Controls, Separate Hydro Meter, Storage, Water Heater Owned
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