25 Mill Street, Kawartha Lakes, ON K9V 2K9

$599,000
8
BD
5
BA
1,500
SqFt

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List Price
$599,000
MLS#
X13645780
Status
ACTIVE
Type
Multifamily
SubType
Fourplex
Style
2-Storey
Bedrooms
8
Bathrooms
5
Living Area
1500-2000
Province
ON
Municipality
Kawartha Lakes
Area
Kawartha Lakes
Neighborhood
Lindsay
Subdivision
Mill St & Glenelg St E

Property Description

ATTENTION INVESTORS! This solid FOUR-UNIT building offers an excellent opportunity to grow your portfolio, featuring one spacious 5-bedroom unit, two 1-bedroom units, and one bachelor unit. Situated on an oversized in-town lot surrounded by mature trees, the property offers a rare combination of strong income potential and an attractive setting.With separate hydro meters, updated windows, and SIGNIFICANT RENOVATIONS to the 5-bedroom unit, including a new kitchen, flooring and fresh paint. This property is well-positioned for strong rental income for experienced and new investors. OR, someone seeking to offset their living expenses. Unit 1 (one bedroom) is vacant, Unit 2 (one bedroom) is rented for $650/month inclusive, Unit 3 is vacant (5-bedroom, 2 bathroom), and Unit 4 (bachelor) is rented for $700/month inclusive, giving you the opportunity to select your own tenants for two of the four units.

Additional Information

Taxes
$5,603
Heat Type
Baseboard
Heat Source
Gas
Air Conditioning
None
Kitchens
4
Exterior
Brick
Waterfront Type
None
Garage Type
None
Pool
None
Parking Spaces
9
Parking Type
Private Double

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Royal LePage Frank Real Estate.