This well-maintained 4-plex offers versatility and strong income potential. The back unit is a spacious 2-bedroom, 2-bath rear unit complete with in-suite laundry, central air, its own gas furnace, oversized garage, and private yard. The front three 2-bedroom, 1-bath apartments have been fully renovated to code in 2009, each with separate hydro meters, vinyl windows, and private entrances. Additional features include a common coin-operated laundry, parking, and stable rental income from long-term tenants. One unit will be vacant November 1st, offering immediate opportunity for new tenancy or owner use. With zoning, land value, and income potential well below replacement cost, this property is an exceptional find. Secure steady returns today while benefiting from future rent increases. (id:61155)
MLS® Number | X12343545 |
Property Type | Multi-family |
Community Name | Tillsonburg |
Amenities Near By | Public Transit |
Equipment Type | Water Heater |
Features | Flat Site |
Parking Space Total | 8 |
Rental Equipment Type | Water Heater |
Bathroom Total | 5 |
Bedrooms Above Ground | 8 |
Bedrooms Total | 8 |
Age | 100+ Years |
Appliances | Water Meter |
Basement Development | Finished |
Basement Type | N/a (finished) |
Exterior Finish | Brick, Aluminum Siding |
Foundation Type | Concrete |
Heating Fuel | Electric |
Heating Type | Baseboard Heaters |
Stories Total | 2 |
Size Interior | 3,000 - 3,500 Ft2 |
Type | Fourplex |
Utility Water | Municipal Water |
Detached Garage | |
Garage |
Acreage | No |
Land Amenities | Public Transit |
Sewer | Sanitary Sewer |
Size Depth | 97 Ft |
Size Frontage | 19 Ft |
Size Irregular | 19 X 97 Ft |
Size Total Text | 19 X 97 Ft |
Zoning Description | Ec-r(h) Entrepreneurial |
https://www.realtor.ca/real-estate/28731264/57-baldwin-street-tillsonburg-tillsonburg
Contact us for more information
Lindsay Morgan-Jacko
Broker
(519) 842-5000
Barbara Morgan
Broker
(519) 842-5000
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