Fantastic downtown investment opportunity featuring a solid brick fourplex with four recently renovated units and strong rental income. This well maintained building is currently generating $5,000 per month in gross rental revenue, making it an excellent addition to any investment portfolio. The property features durable brick construction, a full basement, separate entrances for each unit, and a gas forced-air heating system. Situated on a deep lot, it also offers a large paved parking area with access from the front through to the rear lane. A standout feature is the large detached garage with brick siding and a metal roof, providing valuable storage or additional rental income potential. The property also generates extra income through laundry and garage rentals. Don't miss this opportunity to own a turnkey, income-producing fourplex in a convenient downtown location. Call today to book your private showing! (id:42016)
MLS®:
SM262290
Taxes
$3,144
Type
Multifamily
County
Algoma District
Listed By
Andrew Raplenovic, Century 21 Choice Realty Inc.
Source CREA - C21 Brokers Last checked Aug 28 2026 at 7:00 AM EDT
Disclaimer: The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 8/28/26 00:00
Description