Size
-
Lot size
1 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$171 - $200
Taxes
$4,338.79 (2025)
Parking Type
-
Style
2 1/2 Storey
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Description
Investment Opportunity in the Heart of Powassan! Welcome to 9 Fairview Lane-an updated, income-producing gem with historic charm and modern potential. This stately 6-bedroom, 6-bathroom home is currently tenanted and generating a solid 6% cap rate. Each spacious bedroom features its own ensuite bath, making it an ideal setup for continued rental income or a seamless transition into a licensed Bed & Breakfast, thanks to RU-10 zoning. Over the past 5 years, major upgrades have been completed: new natural gas furnace, full electrical rewire, all new plumbing, windows, and septic system. The roof was replaced just 2 years ago, leaving peace of mind for years to come. With over 3,200 sq. ft. above grade and a third-floor finished loft space, there's room to grow or reimagine the layout. Situated on a generous 1.2-acre lot, this is a rare chance to own a turnkey asset with character, cash flow, and flexibility.
Broker: Century 21 Blue Sky Region Realty Inc., Brokerage
MLS®#: X12236549
Property details
Parking:
10
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
2 1/2 Storey
MLS Size:
3000-3500 sqft
Lot front:
187 Ft
Lot depth:
292 Ft
Listed on:
Jun 20, 2025
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Rooms
Level | Name | Size | Features |
---|---|---|---|
Main | Living Room | 20.1 x 11.6 ft | |
Second | Bedroom 4 | 10.4 x 12.1 ft | |
Second | Bathroom | 8.0 x 7.0 ft |
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Instant estimate:
orto view instant estimate
$1,213
higher than listed pricei
High
$638,774
Mid
$600,213
Low
$583,885
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