Looking for a solid income-producing property? This well-maintained and upgraded fourplex offers an excellent opportunity to step into the rental market or add a strong performer to your existing investment portfolio. Offering good cash flow with minimal management, the property features three one-bedroom apartments and one two-bedroom apartment, with each unit enjoying the convenience of its own in-suite laundry. Location is another major advantage. Situated in Kenora's desirable Central neighbourhood, the property is near the newly redeveloped Central Community Club and just steps from downtown Kenora, Lake of the Woods, shopping, restaurants, services and amenities - an attractive and convenient location for tenants. Whether you're a first-time investor looking to build equity and generate passive income or an experienced landlord searching for your next rental property, this fourplex offers an appealing combination of income, location and ease of ownership. Put your money to work for you - call today to arrange your private viewing! (id:4069)
Address
617 FIRST STREET S
List Price
$599,900
Property Type
Multi-family
Type of Dwelling
Fourplex
Transaction Type
Sale
Area
Ontario
Sub-Area
Kenora (central)
Bedrooms
5
Bathrooms
4
Floor Area
1500 - 2000 Sq. Ft.
Lot Size
50 x 150 FT Ac.
Lot Depth
150 ft
Frontage Length
50 ft
MLS® Number
X13780586
Listing Brokerage
Re/Max NorthWest Realty Ltd.
Basement Area
N/A, N/A, N/A (Finished)
Postal Code
P9N1E1
Zoning
R2
Parking Places (Total)
4
Site Influences
Schools
Features
Sloping
Community Features
Community Centre, School Bus
Appliances
Water Heater, Water meter, Dryer, Stove, Washer, Window Coverings, Refrigerator
Amenities
Separate Heating Controls, Separate Electricity Meters
Heat Source
Natural gas
Heat Type
Radiant heat
Cooling Features
None
Foundation Details
Concrete, Stone
Other Structures
Patio(s), Porch, Shed
Number Of Floors In Building
2
Water Source
Municipal water
Access To Property
Public Road
Sewer
Sanitary sewer
