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22 MARIE Street
South River Ontario , P0A1X0 , Canada
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Samantha Hamilton
Agent
Sales Representative
Phone: 705.472.2980
Cell: 249.358.1381

Royal LePage Northern Life Realty
Brokerage:
117 CHIPPEWA STREET
North Bay, ON
P1B6G3
Phone: 705.472.2980
Fax: 705.472.5421
/jumplisting/rlp/images/logo/rlp_logo_sm.gif

$995,000.00
MLS® 40529373
Investment
Lot Frontage: 137.0 Feet
Lot Depth: 132.0 Feet
No. of Parking Spaces: 14
Floor Space (approx): 6800.00
Total Bedrooms: 12
Total Bathrooms: 6
Zoning: R3
Remarks:
Welcome to a turnkey investment opportunity in South River. This exceptional multi-residential building boasts six fully tenanted units, each equipped with its own dedicated hydro meter. Recently renovated within the last two and a half years, these units offer modern comfort and style, providing tenants with a fresh and inviting living space. From updated fixtures to contemporary finishes, these renovations cater to the modern lifestyle while preserving the building's character. A testament to its commitment to quality, the property has seen significant upgrades, including the replacement of the septic system with a multi-unit high flow septic in 2022. What sets this property apart is its unique feature – a space formerly utilized as the town library. This versatile area presents an exciting opportunity for imaginative and innovative usage, limited only by one's creativity. Whether it's a communal space, or an opportunity for entrepreneurial ventures, this space adds an extra layer of potential to the property. The turnkey nature of this investment promises immediate and hassle-free ownership, offering a seamless transition for prospective investors seeking a well-maintained, income-generating property. With a strong rental history and a convenient location, this property embodies promise and potential for the discerning investor. Embrace the opportunity to own a meticulously cared-for property with a solid rental history and the potential to unlock further value. (id:27)

Property Features:
  • Access Type: Highway access
  • Amenities Nearby: Shopping
  • Features: Laundry- Coin operated
  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Sewer: Septic System
Building Features:
  • Basement Development: Finished
  • Basement Type: Full
  • Cooling Type: None
  • Exterior Finish: Brick
  • Fire Protection: Security system
  • Heating Type: Baseboard heaters

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

All offices are independently owned and operated, except those offices identified as "Royal LePage Real Estate Services Ltd."

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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