With mixed emotions, the sellers are offering this exceptional investment property for sale. Located in the heart of Hanmer, this impressive, predominantly brick fourplex is situated on a generous 105' x 150' lot and generates $104,460 in current annual gross rental income. Built in 1991, the property features a practical layout with private entrances, in-suite laundry, balconies and individual heating and air conditioning. Exceptionally well equipped with five gas meters, five gas furnaces, five hydro meters and five air conditioning units, three of which are new. With virtually no interior common areas other than the hydro meter room, the building offers excellent functionality and minimal shared space to maintain. The expansive paved parking area provides plenty of room for vehicles and snow storage throughout the winter months. Conveniently located directly across from the local recreation centre and close to everyday amenities. A substantial income-producing property offering an attractive opportunity for investors looking to expand their portfolio. (id:38174)
| MLS® Number | 2131276 |
| Property Type | Multi-family |
| Amenities Near By | Park, Playground, Public Transit, Schools |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
| Basement Type | None |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Flooring Type | Laminate |
| Heating Type | Forced Air |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Size Interior | 3,500 - 5,000 Sqft |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Park, Playground, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Frontage | 105 Ft |
| Size Total Text | 10,890 - 21,799 Sqft (1/4 - 1/2 Ac) |
| Zoning Description | R3 (78) |
https://www.realtor.ca/real-estate/30481477/4045-elmview-drive-hanmer
Contact us for more information
(705) 674-5261
(705) 674-2912
www.jsmithrealty.com/
(705) 674-5261
(705) 674-2912
www.jsmithrealty.com/
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