Discover a prime rental opportunity with this well-maintained property featuring four distinct units. The standout unit is a spacious 3-bedroom gem, showcasing original red pine flooring and modern updates throughout, with a projected rental income of around $1800 once the current owners sell and relocate. The building also includes three additional 2-bedroom units, each with their own laundry facilities, updated windows, and shingled roof in the last 7 years. The main floor back unit boasts separate access from the side street and carport parking, while the upper fourth unit offers a delightful deck perfect for morning coffee. The detached shop is a dream for hobbyists, complete with a 2-piece washroom, hydro, and natural gas heat. With potential to convert the shop's second level into a bachelor suite for extra rental income or to sever the lot and sell it at market value, this property presents a versatile and lucrative investment opportunity. (id:51004)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | X12049582 |
| Property Type | Multi-family |
| Community Name | Minto |
| Heating Type | Baseboard Heaters |
| Size Interior | 4674.61 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 132 Ft ,1 In |
| Size Frontage | 165 Ft ,1 In |
| Size Irregular | 165.15 X 132.12 Ft |
| Size Total Text | 165.15 X 132.12 Ft |
| Zoning Description | R1b |
https://www.realtor.ca/real-estate/28092337/163-john-street-s-minto-minto
(519) 291-1341
(519) 291-1268
www.midwesternrealty.ca/
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