4494 River Road, Horton, ...
Renfrew, K7V 3Z8
- 3000-3500 Sq-Ft
- 10 Bedrooms
- - Garage
- 6 Bathroom
Start From
$ 499,000
Descripation
OPPORTUNITY KNOCKS!! LEGAL 4PLEX - INVESTMENT PROPERTY on STUNNING 2.1 ACRE WATERFRONT PROPERTY with BEACH on the shores of the Ottawa River, just outside Renfrew. Exceptional property for potential future redevelopment or continued long term use for investment with a LUCRATIVE 9% CAP RATE. The current building is a Legal FOUR-PLEX (+ 2 non-conforming units). Loads of opportunity for the right Buyer... RENTS (all inclusive) aprx. $78,955.92 per annum. Units 1,2,3,4,6 tenant occupied, unit 6 FULLY RENOVATED and move in ready. 2 car garage currently vacant - landlord use only. 2 NEW PROPANE FURNACES and 1 NEW AC (2025). Please do not visit the property without a booked showing appointment.
Essential Information
- Price: $499000
- For: Residential Freehold
- Property Types: Fourplex
- Area: 3000-3500 SQFT
- Country: CA
- City: Horton
- Garages:
- Bedrooms: 10
- Bathrooms: 6
- Fronting On: North
- Listing ID: X14094346
- Cross Street: River Rd / Castleford Rd
- Annual Property Tax: $ 4556
- Lot Size: 2-4.99
- Listing Brokerage: PAUL RUSHFORTH REAL ESTATE INC.