414 SECOND STREET W Stormont, Dundas and Glengarry

414 SECOND STREET W, Stormont, Dundas and Glengarry, Ontario

$335,000

  • 7 Beds
  • 6 Baths

This 4-plex offers strong income potential with room for improvement, making it an ideal project for investors. The property features a large 3-bedroom, 3-bathroom unit ($987.50/month), a 2-bedroom, 1-bathroom unit ($680/month), and two 1-bedroom, 1-bathroom units ($602 and $542/month). Each unit has its own hydro meter and hot water tank, with tenants responsible for paying heat and hydro. A brand-new natural gas furnace was installed in 2024, adding value to the property. While the building requires some maintenance, it has excellent potential for increased rental income and long-term appreciation. Parking is conveniently available at the back of the property. This is a great opportunity for hands-on investors to add value and maximize returns. (id:56241)

  • Listing ID: X11441383
  • Property Type: Single Family

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Details

  • Parking Spaces: 4
  • Transaction: For sale
  • Zoning Description: comm11

Building

  • Amenities: Separate Electricity Meters
  • Appliances: Water Heater
  • BasementType: N/A (Unfinished)
  • Basement Development: Unfinished
  • Bedrooms Main Level: 7
  • Exterior Finish: Aluminum siding
  • Fireplace Present: False
  • Foundation: Poured Concrete, Stone
  • Bathrooms (Total): 6
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Stories Total: 2
  • Type: Fourplex
  • Utility Water: Municipal water

Land

  • Sewer: Sanitary sewer
  • Size Frontage: 67 ft ,3 in
  • Size Irregular: 67.33 x 168.2 FT
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 414 SECOND STREET W in Stormont, Dundas and Glengarry Ontario. It was last modified on November 28th, 2024. Contact us to schedule a viewing or to discover other Stormont, Dundas and Glengarry homes for sale.

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