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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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.