Space
Finished area and layout
- Square Feet
- 2,500-3,000 sqft
- Bedrooms
- 7
- Bathrooms
- 4
Property Snapshot
MLS #X14095578
Finished area and layout
Type, style and structure
This 7-bedroom, 4-bathroom fourplex in Bonfield offers 2,500-3,000 sqft of square feet on a 0 sqft lot. 1 storey. The property has lot dimensions of 159.6 x 136.1 FT ; Lot size irregular, zoned Residential property with four self contained unit. The home features none, a unfinished, separate entrance, partial basement basement. Highlights include a none pool.
Excellent investment opportunity in Bonfield! This four plex features four residential units, consisting of three 2 bedroom units, and one bachelor unit . Two of the 2 bedroom units are currently tenanted, providing rental income of from day one. The remaining 2 bedroom unit and bachelor unit require completion of renovations, offering an opportunity for investors to add value, complete the improvements, and maximize the property's rental potential. Ideal for investors looking to expand their portfolio and increase future income potential. Explore the possibilities this multi unit property has to offer! Annual expenses are $8543.02. Tenant in Unit 2 pays $1650 / month but carries out snow removalAnd lawn care, water filters and UV , and basic maintenance to the property. Unit 4 pays $1850 per month. Unit 1 & 3 are requiring renovation but could potentially generate even greater cashflow, or live in one unit, and generate rental income from the others to help cover your mortgage and living expenses! (id:60351)
From Hwy 17E take Hwy 531 turn left onto Maple then turn right onto Railway.
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Land, frontage and setting
Price, taxes and monthly charges
Listed by RENEE ROY, Royal LePage Northern Life Realty, Brokerage
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Listed by RENEE ROY, Royal LePage Northern Life Realty, Brokerage · MLS# X14095578
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