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22 Marie Street South River, Ontario P0A 1X0

12 Bedroom 6 Bathroom 6800
None Baseboard Heaters

$995,000

Welcome to a turnkey investment opportunity in South River. This exceptional multi-residential building boasts six fully tenanted units, each equipped with its own dedicated hydro meter. Recently renovated within the last two and a half years, these units offer modern comfort and style, providing tenants with a fresh and inviting living space. From updated fixtures to contemporary finishes, these renovations cater to the modern lifestyle while preserving the building's character. A testament to its commitment to quality, the property has seen significant upgrades, including the replacement of the septic system with a multi-unit high flow septic in 2022. What sets this property apart is its unique feature – a space formerly utilized as the town library. This versatile area presents an exciting opportunity for imaginative and innovative usage, limited only by one's creativity. Whether it's a communal space, or an opportunity for entrepreneurial ventures, this space adds an extra layer of potential to the property. The turnkey nature of this investment promises immediate and hassle-free ownership, offering a seamless transition for prospective investors seeking a well-maintained, income-generating property. With a strong rental history and a convenient location, this property embodies promise and potential for the discerning investor. Embrace the opportunity to own a meticulously cared-for property with a solid rental history and the potential to unlock further value. (id:53086)

Property Details

MLS® Number 40529373
Property Type Multi-family
Amenities Near By Place Of Worship, Shopping
Features Laundry- Coin Operated
Parking Space Total 14

Building

Bathroom Total 6
Bedrooms Total 12
Basement Development Finished
Basement Type Full (finished)
Cooling Type None
Exterior Finish Brick
Fire Protection Security System
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 6800
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Land Amenities Place Of Worship, Shopping
Sewer Septic System
Size Depth 132 Ft
Size Frontage 137 Ft
Size Total Text Under 1/2 Acre
Zoning Description R3

https://www.realtor.ca/real-estate/26415808/22-marie-street-south-river