Beautifully Updated 4-Plex in a Prime Family-Friendly Neighborhood. Welcome to this exceptional 4-plex, offering a rare blend of timeless character and modern upgrades in a desirable, family-oriented location. Each of the four spacious 2-bedroom units has been thoughtfully renovated, making this a turnkey investment opportunity or an ideal multi-family living space. Inside, you'll find beautifully refinished hardwood floors that bring warmth and charm to every unit. The kitchens are a standout feature finished with granite or quartz countertops for a sleek, durable workspace. Pride of ownership shines throughout, with each unit meticulously maintained to ensure tenant comfort and satisfaction. Tenants can enjoy a shared, fully fenced yard complete with a lovely gazebo perfect for outdoor relaxation or summer gatherings. The property is as functional as it is attractive, boasting a long-lasting metal roof and a newer water furnace for added efficiency and peace of mind. With four dedicated parking spaces and a double garage, there's ample room for tenant vehicles and storage. This property isn't just a place to live its a community where tenants can feel at home. Additional Highlights: Gross rental income: $62,508/year. Shared laundry income: $100-130/month. Utility costs (shared): Hydro for basement & water ranges from $200-240/month, gas between $100-150/month (not on budget). Whether you're looking to expand your investment portfolio or secure a multi-family property with excellent income potential, this well-maintained 4-plex is a must-see. Book your private showing today and discover what sets this property apart. (id:4069)
Address
119 ERIE STREET
List Price
$1,100,000
Property Type
Multi-family
Type of Dwelling
Fourplex
Transaction Type
sale
Area
Ontario
Sub-Area
St Thomas
Bedrooms
8
Bathrooms
4
Floor Area
25,003,000 Sq. Ft.
Lot Size
54 x 123 FT Sq. Ft.
MLS® Number
X12259065
Listing Brokerage
ELGIN REALTY LIMITED
Basement Area
Full
Postal Code
N5R2N1
Zoning
R4
Amenities
Separate Electricity Meters
