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.