$500,000 – $600,000 Fourplex For Sale

Hawkesbury, Ontario

Excellent investment opportunity! This legal fourplex, built in 2001, offers strong, reliable income with a current gross annual rental income of $45,636. The property features four self-contained units and is fully tenanted, making it an ideal turnkey addition to any investment portfolio. Tenants pay their own gas and hydro, helping to keep operating costs low. The roof was replaced in June 2022, providing added peace of mind for years to come. Situated in a desirable location, this well-maintained income property offers stable cash flow today with additional upside, as all rents are eligible for a legal increase as early as November 1, 2026. There may also be potential to divide the building into two duplexes (similar to neighbouring properties), with buyers encouraged to verify this possibility with the municipality. Whether you’re looking to expand your investment portfolio or purchase your first multi-unit property, this legal fourplex presents an outstanding opportunity. 24 hours’ notice is required for all showings. (id:50982)

Cornwall, Ontario

Calling all investors! Amazing opportunity to own this fully rented Fourplex with over $50,000 in gross yearly income. Property includes Two second level 1- bedroom, 1 -bath units, one main level 3- bedroom 1 -bath unit, one basement 2- bedroom 1 -bath unit. Upper units each have own private balcony, main floor and basement unit each have fenced yard spaces. Close proximity to all amenities including shopping, restaurants and public transit. (id:50982)