101 Peel Street N, St. Marys, Ontario N4X 1C2

On the East side of Peel Street North between Station Street and Widder Street East Solid Investment Opportunity. This 4-unit, fully rented income property, is generating over $30,000 in net operating income annually and is your chance to get into the rental market or expand your current rental portfolio. There are four, 1 bedroom, 1 bath well-designed units each with their own entrance. Currently, inclusive rents encompass water, internet, and one of the various parking spots. Tenants individually cover the cost of hydro (electric heat), allowing them control over their own comforts. The building is equipped with a coin-operated washer/dryer for enhanced tenant convenience which can also supply extra income for the landlord. Recent upgrades including new appliances, toilets, and flooring along with shingles replaced in 2015 and windows in 2017. This investment promises both comfort and a resilient financial return. Click on the virtual tour link, view the floor plans, photos, and layout and then call your REALTOR® to review more information and financials regarding this great opportunity! (id:27476)

Conveniently situated near a park, place of worship, and schools, this property is a solid investment opportunity with freehold ownership. With a total of 9 parking spaces, this 4-unit income property generates over $30,000 in net operating income annually, making it an attractive option for those looking to enter the rental market or expand their current portfolio.

Each of the four well-designed units features one bedroom, one bath, and its own entrance. Inclusive rents cover water, internet, and one parking spot, while tenants are responsible for the cost of hydro, giving them control over their own comforts. The building also offers a coin-operated washer/dryer for tenant convenience and potential extra income for the landlord. Recent upgrades include new appliances, toilets, and flooring, as well as replaced shingles in 2015 and windows in 2017, ensuring both comfort and a resilient financial return.

For those interested in exploring this opportunity further, a virtual tour link is available to view floor plans, photos, and layout. Interested parties are encouraged to contact their REALTOR® for more information and financial details.

Located at 101 PEEL Street N in St. Marys, Ontario, this property is for sale and features a land size of under 1/2 acre. In addition to its convenient location near a park, place of worship, and schools, the property also boasts an unfinished basement, brick and metal exterior finishes, and electric heating fuel. With 2.00 stories, this property is classified as a fourplex.