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(613) 884-5544
Real Estate Company
4494 River Road, Horton, Ontario K7V3Z8
Listing courtesy of PAUL RUSHFORTH REAL ESTATE INC..
- $499,000
- 10
- BD
- 6
- BA
- List Price
- $499,000
- MLS®
- X14094346
- Days on Market
- 7
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi-family
- Bedrooms
- 10
- Bathrooms
- 6
- Lot Size Dimensions
- 355.8 x 240 FT
- Subdivision
- 544 - Horton Twp
Property Description
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. (id:5764)
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Additional Information
- View
- Direct Water View
- Garage
- Yes
- Subdivision
- 544 - Horton Twp
- Parking Spaces
- 12
- Water Body Name
- Ottawa River
- Cooling
- Central air conditioning
- Country
- Canada
- Sewer
- Septic System
- Heating
- Forced air, Propane
- Lot Features
- Irregular lot size
- Stories
- 2
- Waterfront
- Yes
