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Sandeep Mehra
Realtor
Pontis Realty Inc., Brokerage
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Sandeep Mehra
Realtor
  • Home
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596688 10 Concession, Cha...

Grey County, N0H 1G0
  • 3500-5000 Sq-Ft
  • 7 Bedrooms
  • - Garage
  • 4 Bathroom
Start From
$ 675,000

Descripation

Turnkey Investment Opportunity - Fully Tenanted 4-Unit Property. Excellent opportunity to add a fully tenanted, income-producing property to your investment portfolio. Situated in a peaceful country setting with generous outdoor space, this well-maintained four-unit property offers a strong combination of stable rental income, tenant appeal, and low-maintenance ownership. The property features three 2-bedroom units and one spacious 1-bedroom unit, all currently occupied. Each unit is separately metered for hydro, with tenants responsible for their own electricity, helping to keep operating expenses manageable.Several important updates have already been completed, including improvements to the roof, windows, heating system, paint, and flooring in select units, helping reduce the need for significant near-term capital expenditures. Additional income is generated through coin-operated laundry, while dedicated basement storage areas provide added convenience for each tenant. With a solid tenant base, established income, desirable rural setting, located close to Owen Sound, ample yard space, and key improvements already completed, this property offers an attractive turnkey opportunity for investors looking for a well-established multi-residential property with continued rental potential. **Total Rental Income $59,849, Laundry $2,000, Total Gross Income $61,849. Expenses $13,975. Net Operating Income $47,874.**

Essential Information

  • Price: $675000
  • For: Residential Freehold
  • Property Types: Fourplex
  • Area: 3500-5000 SQFT
  • Country: CA
  • City: Chatsworth
  • Garages:
  • Bedrooms: 7
  • Bathrooms: 4
  • Fronting On: West
  • Listing ID: X13779012
  • Cross Street: Grey Road 40
  • Annual Property Tax: $ 4319.28
  • Lot Size:
  • Listing Brokerage: RE/MAX Grey Bruce Realty Inc.

Amenities

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Pontis Realty Inc., Brokerage
  • 7275 Rapistan Court, Mississauga, Ontario L5N 5Z4
  • 416-845-9558
  • estateofchoice@gmail.com

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