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844

MLS® X13547724

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage Yes
Taxes $6,523
Days Active 7
Lot Size 
Approx. Age 
MLS® Number X13547724

Property Address: 550-552 Mario Street, Hawkesbury, ON, K6A3V3

Average square foot calculated using Size range provided by listing agent.

Description

Excellent investment opportunity! This legal fourplex, built in 2001, offers strong, reliable income with a current gross annual rental income of $45, 636. The property features four self-contained units and is fully tenanted, making it an ideal turnkey addition to any investment portfolio. Tenants pay their own gas and hydro, helping to keep operating costs low. The roof was replaced in June 2022, providing added peace of mind for years to come. Situated in a desirable location, this well-maintained income property offers stable cash flow today with additional upside, as all rents are eligible for a legal increase as early as November 1, 2026. There may also be potential to divide the building into two duplexes (similar to neighbouring properties), with buyers encouraged to verify this possibility with the municipality. Whether you're looking to expand your investment portfolio or purchase your first multi-unit property, this legal fourplex presents an outstanding opportunity. 24 hours' notice is required for all showings. (id:58753)Show Description
MLS® NumberX13547724
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementFinished, Full, Separate entrance, N/A
DrivewayNo Garage
Garage Spaces
HeatBaseboard heaters, Electric, Natural gas, Other
A/CNone

Extras

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