FANTASTIC INVESTMENT OPPORTUNITY! This 4-unit co-living property located within walking distance of Algonquin College features four spacious and modern residential units. Two 4-bedroom apartments and two 6- bedroom suites. Each unit boasts its own laundry facilities, which adds to the comfort of residents; and has an individual meter. Ideally located in a thriving and in-demand area, it benefits from constant occupancy and strong rental demand. This high-income fourplex building is appraised at $3.5 million. This means there is over $500,000 in instant equity. Perfect for investors looking to expand their portfolio, its proven income generation makes it an attractive purchase. Contact us today for more information. (id:4069)
Address | 1558-1562 BASELINE ROAD |
List Price | $2,875,000 |
Property Type | Single Family |
Type of Dwelling | House |
Area | Ontario |
Sub-Area | Ottawa |
Bedrooms | 20 |
Bathrooms | 10 |
Lot Size | 59.65 ft X 97.72 ft (Irregular Lot) Sq. Ft. |
Year Built | 2019 |
MLS® Number | 1379641 |
Listing Brokerage | RIGHT AT HOME REALTY |
Basement Area | Full (Finished) |
Postal Code | K2C0B3 |
Zoning | R2F |
Amenities | Furnished |