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Description
Exceptional Investment Opportunity! Purpose-Built Fourplex in Prime Location. This rare and meticulously maintained fourplex offers a unique chance to own a custom-built income property with a proven track record of stability and performance. Constructed in 1990, this solid brick building features two spacious 3-bedroom units and two well-appointed 1-bedroom units, thoughtfully designed for comfort and functionality. All units are fully tenanted with long-standing, reliable occupants some have been here for years and are eager to stay. The building has enjoyed zero vacancy for the past 14 years, a testament to its desirability and excellent management. Recent Upgrades & Maintenance: Roof replaced in 2021, Driveway and parking area professionally re-paved in 2010, Front main/Upper floor windows replaced in 2018, Remote camera monitoring system installed in 2023, New coin operated washing machine purchased in 2024, New carpet in front and rear common areas in 2025. Annual fire safety inspections in place, with the building fully equipped with pull stations, smoke detectors, and fire extinguishers for peace of mind. Parking & Accessibility: Ample on-site parking for tenants and guests, with easy access to public transit, schools, shopping, and major highways making this location ideal for renters and investors alike. Whether you're expanding your portfolio or entering the market for the first time, this turnkey property offers consistent cash flow, low maintenance, and strong tenant retention. Don't miss out on this rare gem, properties like this don't come around often!
Overview
Property ID:
HML-454041450534
Type:
Fourplex
Bedrooms:
8
Bathrooms:
4
Square:
2,750 ft2
Price:
$1,099,999
PropertyType:
Residential Freehold
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
None
Heating:
Baseboard
ParkingFeatures:
None
YearBuilt:
31-50
TaxAnnualAmount:
8476
PossessionDetails:
TBD
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