Size
-
Lot size
-
Street frontage
S
Possession
Immediate
Price per sqft
$135 - $193
Taxes
$6,522.17 (2024)
Parking Type
-
Style
2-Storey
See what's nearby
Description
Unlock the potential of this legal 4-plex, offering over 3,500 sq. ft. (MPAC) of rentable space in a high-demand location. Featuring two spacious two-bedroom units and two one-bedroom units, each self-contained, this property provides immediate income-generating potential. Tenants are vacating and the building could use some renovations, presenting a clear value-add opportunity for savvy investors willing to renovate and maximize returns. Located in historic downtown Port Hope, tenants benefit from walkable access to amenities, shops, cafes, and public transit, including VIA Rail and Highway 401ideal for attracting a broad tenant base. The property includes a rear addition overlooking a peaceful ravine, adding appeal to attract quality tenants. Whether you're expanding your portfolio or seeking a repositioning project, this property's size, location, and configuration make it a rare find. With strong rental demand in one of Ontario's most desirable small towns, this is a smart investment ready for its next chapter. **EXTRAS** With renovations of kitchens, bathrooms and flooring this building has significant potential for high rents and low expenses, an investment with this type of opportunity is a rare find. There is rough-in for laundry in the utility room.
EXTRAS:
EXTRAS:
Broker: RE/MAX JAZZ INC.
MLS®#: X11893749
Property details
Parking:
No
Parking type:
-
Property type:
Multiplex
Heating type:
Radiant
Style:
2-Storey
MLS Size:
3500-5000 sqft
Lot front:
52 Ft
Listed on:
Dec 16, 2024
Show all details
Rooms
Level | Name | Size | Features |
---|---|---|---|
2nd | Kitchen | 13.3 x 10.3 ft | Combined W/Dining |
2nd | Living | 15.9 x 13.8 ft | |
2nd | Br | 13.2 x 11.2 ft |
Show all
Instant estimate:
orto view instant estimate
$37,847
lower than listed pricei
High
$678,088
Mid
$637,153
Low
$619,820