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4494 River Road

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  • 10 Bedroom
  • 6 Bathroom
  • 3,000 - 3,500 sqft
  • Central Air Conditioning
  • Forced Air
  • Waterfront On River
  • Acreage

$499,000

OPPORTUNITY KNOCKS!! LEGAL 4PLEX - INVESTMENT PROPERTY on STUNNING 2.1 ACRE WATERFRONT PROPERTY with BEACH on the shores of the Ottawa River, just outside Renfrew. Exceptional property for potential future redevelopment or continued long term use for investment with a LUCRATIVE 9% CAP RATE. The current building is a Legal FOUR-PLEX (+ 2 non-conforming units). Loads of opportunity for the right Buyer... RENTS (all inclusive) aprx. $78,955.92 per annum. Units 1,2,3,4,6 tenant occupied, unit 6 FULLY RENOVATED and move in ready. 2 car garage currently vacant - landlord use only. 2 NEW PROPANE FURNACES and 1 NEW AC (2025). Please do not visit the property without a booked showing appointment. (id:66888)

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Details

Property Details
MLS® Number X14094346
Property Type Multi-family
Community Name 544 - Horton Twp
Amenities Near By Beach
Easement Right Of Way, Easement
Equipment Type Propane Tank
Features Irregular Lot Size
Parking Space Total 12
Rental Equipment Type Propane Tank
View Type Direct Water View
Water Front Name Ottawa River
Water Front Type Waterfront On River
Building
Bathroom Total 6
Bedrooms Above Ground 10
Bedrooms Total 10
Appliances Dryer, Stove, Washer, Refrigerator
Basement Development Partially Finished
Basement Features Separate Entrance, Apartment In Basement
Basement Type N/a (partially Finished), N/a, N/a
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding
Foundation Type Block
Heating Fuel Propane
Heating Type Forced Air
Stories Total 2
Size Interior 3,000 - 3,500 Sqft
Type Fourplex
Parking
Attached Garage
Garage
Shared
Land
Access Type Public Road
Acreage Yes
Land Amenities Beach
Sewer Septic System
Size Depth 240 Ft
Size Frontage 355 Ft ,9 In
Size Irregular 355.8 X 240 Ft
Size Total Text 355.8 X 240 Ft|2 - 4.99 Acres
Surface Water River/stream
Zoning Description Res. Fourplex

Map

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