636 D'iberville St, IROQUOIS FALLS, Ontario P0K 1G0

Listed for:
$389,900
0 beds
0 baths
Listed 111 days ago
Multi-Family for rent: 636 D'iberville St, IROQUOIS FALLS, Ontario P0K 1G0

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Learn more about this property
Listing provided by:
EXP REALTY, BROKERAGE
MLS® number:
TM240154
Agent:
Joanne Niemi
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About

BETWEEN MAIN STREET AND AMBRIDGE DRIVE GREAT INVESTMENT PROPERTY NESTLED IN THE DOWNTOWN OF QUIET IROQUOIS FALLS, THIS COMMUNITY OFFERS PLENTY OF VIABLE INDUSTRY INCLUDING MANY MINES IN THE AREA. THIS 5 PLEX UNIT HAS 2-1 BEDROOM UNITS, 2-2 BEDROOM UNITS AND 1-3 BEDROOM UNIT. THIS PROPERTY ALSO HAS A LARGE PARKING AREA FOR TENANTS (7 SPOTS) THIS PROPERTY HAS BEEN WELL MAINTAINED AND THE INTERIOR HAS BEEN UPDATED OVER THE YEARS. MONTHLY INCOME IS CURRENTLY $4,300.00 / $51,600.00 YEARLY. (id:27476)

Property Highlights

Type
Multi-Family
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Amenities nearby

Location

Summary

Located in the peaceful downtown area of Iroquois Falls, this investment property is an excellent opportunity. The community is known for its thriving industry, with numerous mines in the vicinity, making it an attractive location for potential tenants.

Consisting of a 5-plex unit, this property offers a mix of 1-bedroom, 2-bedroom, and 3-bedroom units, providing a variety of options for prospective renters. Additionally, there is a spacious parking area with 7 spots available for tenants, adding to the appeal of the property.

Notably, the property has been well-maintained, and the interior has been updated over time, ensuring a comfortable and modern living environment for tenants. Currently, the monthly income generated from this property is $4,300.00, totaling $51,600.00 annually.

For those interested in investing, this property is currently for sale and offers a land size of 1/2 - 1 acre. Situated at 636 D'Iberville St. in Iroquois Falls, Ontario, this multi-family property is in a prime location within the community. The heating type for the property is forced air, and it spans 2 stories, providing ample space for multiple tenants.