99 West River Street Paris, Ontario N3L 2V4
$775,000
This side by side 4-plex, will be an amazing problem free investment for years to come, each unit has a 3 bedroom unit and a 1 bedroom unit. It's very rare a property like this comes up in Paris. With this one located just steps to the river, the walking trails and the historic downtown the rates you can charge for rent will be a premium to your average income property. 2 of the tenants have been there for many years so when they turnover the income will go up significantly. unit 1 is a 3bed paying $1595 and unit 2 below is $1123 while the original tenants in units 3 and 4 are paying 895 and 615 respectively. This property has been well maintained and will be a great addition to any rental portfolio. (id:55009)
Property Details
| MLS® Number | 40543816 |
| Property Type | Multi-family |
| Amenities Near By | Schools, Shopping |
| Community Features | Quiet Area |
| Parking Space Total | 4 |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 8 |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Cooling Type | None |
| Exterior Finish | Brick |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 3600 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 124 Ft |
| Size Frontage | 40 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R2 |
https://www.realtor.ca/real-estate/26561002/99-west-river-street-paris
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April 02 2024 05:45:20
Brantford Regional Real Estate Assn Inc
Real Broker Ontario Ltd, Real Broker Ontario Ltd.