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$ 599,900
Est. payment | /mo
7 Beds
4 Baths
$ 599,900
Est. payment | /mo
7 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Lindsay
MLS Listing ID X14089814
Style 1 1/2 Storey
Bedrooms 7
Annual Tax Amount $4,478
Tax Year 2025
Property Sub-Type Fourplex
Property Description
Centrally located legal non-conforming brick 4-plex with potential gross rental income of $5,032/month, situated on a massive 80 x 188 ft potential double lot with excellent future potential. This charming 1.5-storey property offers approximately 3,300 sq ft of living space, plenty of original character, a double detached garage, parking for up to six vehicles, and additional basement storage.The unit mix includes a main-floor 1-bed, 1-bath apartment ($1,075/month); a spacious 4-bed, 1.5-bath apartment spanning the main and second floors ($2,095/month + 30% utilities); a lower-level 1-bed with kitchen ($862/month); and a lower-level bachelor with kitchen ($700/month). The two lower-level units share a bathroom. The vacant double detached garage offers estimated rental income of $300/month. All tenants have access to free shared laundry in the basement, along with additional storage space.Updates include roof (2019), windows (2020), two furnaces (one updated 2019), and a 200-amp breaker panel. Set along mature tree-lined Melbourne Street, just steps from downtown Lindsay and Kent Street shopping, dining, and everyday amenities. An excellent income-producing property with a strong existing rent roll, substantial lot size, and future potential.
Location
Province ON
County Kawartha Lakes
Area Kawartha Lakes
Zoning R3
Rooms
Basement Full, Partially Finished
Kitchen 4
Interior
Interior Features Carpet Free
Cooling None
Exterior
Parking Features Detached
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 6
Building
Building Age 51-99
Foundation Block
Others
Lited by RIGHT AT HOME REALTY
Nearby Locations
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