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$915,000

St. Marys ON, N4X 1A3

MLS® # X12555116

Property Information:

A solid brick fourplex offering a reliable income stream with significant upside potential. The property includes two main-floor one-bedroom units, each featuring in-suite laundry, a bright rear sunroom, and access to a private deck. At the back of the property you'll find dedicated parking for tenants, along with a small storage shed.The upper units span the second and third storeys and each provides three bedrooms, in-suite laundry, and its own forced-air gas furnace and central air system. All four units are separately metered for water, gas, and hydro, making ongoing management straightforward.The building has been well cared for, highlighted by a durable steel roof. Two hot water heaters are owned and two are on rental agreements through Reliance. All tenants have been long-term, with room for rent growth over time.This is a strong opportunity to add a stable and well-structured multi-residential asset to your portfolio in a desirable small-town setting. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Amenities: Separate Hydro Meters, Separate Heating Controls
  • Basement Development: Unfinished
  • Basement Type: Partial
  • Exterior Finish: Brick
  • Floor Space: 2500 - 3000 sqft
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 8
  • Bathrooms: 4
  • Features: Flat site
  • Floor Space (approx): 2500 - 3000 Square Feet
  • Irregular: Yes
  • Lot Depth: 150.0 Feet
  • Lot Frontage: 49.5 Feet
  • Lot Size: 49.5 x 150 FT
  • Structure Type: Porch, Shed
  • Utility Type: Sewer - Installed, Cable - Installed, Hydro - Installed
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Courtesy of: RE/MAX CENTRE CITY REALTY INC.

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 69 WATER STREET S, St. Marys, Ontario, N4X 1A3

Demographic Information of 69 WATER STREET S, St. Marys, Ontario, N4X 1A3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$106,414.40

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.39 %

High school certificate or equivalent

35.86 %

Apprenticeship trade certificate/diploma

5.79 %

College/non-university certificate

19.81 %

University certificate (below bachelor)

0.02 %

University Degree

20.13 %

Commuter

Travel To Work

By Car

84.46 %

By Public Transit

0.0 %

By Walking

14.86 %

By Bicycle

0.0 %

By Other Methods

0.68 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

26.82 %

Houses

73.18 %

Own Vs. Rent