67 King Street W Cavan Monaghan, Ontario L0A 1G0

6 Bedroom 4 Bathroom 3,500 - 5,000 sqft
Central Air Conditioning Forced Air

$799,900

A rare opportunity to acquire a well-maintained Legal 4-plex investment property in the heart of Millbrook-offering small-town charm with the convenience of nearby urban amenities. This turn-key, cash-flowing building has been thoughtfully updated over the past several years, including a newer HVAC system, roof, and exterior doors, giving the property a clean, modern look and reducing future capital expenses. Due to the large sized double lot, future expansion or a severance is a possibility. The building features 2 spacious 2-bedroom units, and 2 one bedroom units, each with parking for two vehicles-a highly desirable and uncommon benefit for tenants in this area. Each unit boasts a private deck and outside sitting area as well. The building showcases generous windows throughout, the property that allows natural light to enhancing both the aesthetic and the overall sense of space. With extremely low vacancy rates in Millbrook and strong rental demand, this property is an excellent fit for investors looking to expand their portfolio or increase passive income with a stable, income-producing asset (id:15069)

Property Details

MLS® Number X13103842
Property Type Multi-family
Community Name Millbrook Village
Amenities Near By Park, Place Of Worship
Equipment Type Water Heater, Furnace
Features Wooded Area
Parking Space Total 8
Rental Equipment Type Water Heater, Furnace
Structure Deck, Patio(s)

Building

Bathroom Total 4
Bedrooms Above Ground 6
Bedrooms Total 6
Age 100+ Years
Appliances Water Meter, Dryer, Stove, Two Washers, Refrigerator
Basement Development Unfinished
Basement Type N/a (unfinished)
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 3,500 - 5,000 Sqft
Type Fourplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Park, Place Of Worship
Sewer Sanitary Sewer
Size Depth 132 Ft
Size Frontage 114 Ft
Size Irregular 114 X 132 Ft
Size Total Text 114 X 132 Ft
Zoning Description R4-3

https://www.realtor.ca/real-estate/29724469/67-king-street-w-cavan-monaghan-millbrook-village-millbrook-village

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