$565,000

Investment For Sale In Madoc, Ontario

$565,000

Property Information:

Impeccably maintained fourplex in the heart of Madoc offering exceptional flexibility and opportunity. With four individual units, this property is an excellent income-generating investment, while also presenting a unique option for multi-generational living or multiple first-time buyers looking to enter the market together. Whether you're seeking rental income, shared ownership, or a combination of both, the possibilities here are endless. Units 1-3 each feature 1 bedroom, 1 bathroom, and electric heat. Unit 4 offers 3 bedrooms, 2 bathrooms, forced air gas heat and A/C, plus new flooring. Each unit has its own separate entrance, individual hydro meter, and access to the rear yard and ample parking area, with tenants paying their own utilities. Designed for minimal maintenance, the property features durable aluminum siding and a metal roof. Nestled in the heart of Madoc, this fourplex is ideally located within walking distance to schools, parks, shopping, and places of worship. The sought-after neighbourhood continues to attract strong interest from tenants, homeowners, and investors alike. (id:7525)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Amenities: Separate Heating Controls
  • Basement Type: Crawl space
  • Exterior Finish: Aluminum siding
  • Floor Space: 2500 - 3000 sqft
  • Foundation Type: Block
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: Central air conditioning
  • Appliances: Stove, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 5
  • Half Bathrooms: 1
  • Amenities Nearby: Golf Nearby, Schools
  • Community Features: Community Centre
  • Features: Conservation/green belt
  • Floor Space (approx): 2500 - 3000 Square Feet
  • Irregular: Yes
  • Lot Depth: 165.8 Feet
  • Lot Frontage: 64.8 Feet
  • Lot Size: 64.8 x 165.8 FT
  • Zoning: R4-8
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 6

Courtesy of: Royal LePage ProAlliance Realty

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