897 sqft
Hot Water Radiator Heat
$799,900
412 Victoria Street, Tweed Income Property Opportunity Discover an exceptional investment opportunity in the growing community of Tweed, Ontario, where small-town charm meets everyday convenience. This renovated and well-maintained fourplex blends character, income potential, and practical design ideal for both new and seasoned investors.The property features four spacious two-bedroom units two on the main floor and two on the upper level. Each unit offers well-laid-out living, dining, and kitchen spaces, as well as a private three- or four-piece bathroom. Three of the four units have been fully renovated, boasting modern finishes and brand-new appliances, enhancing tenant appeal and reducing future maintenance. Unit 2, while unrenovated, features a four-piece bathroom with a tub, offering excellent value-add potential.For safety and compliance, the main floor units offer two separate entrances, while the upper-level units include stairway exits. Each tenant is responsible for their own gas (heat), hydro (electricity), and water usage, keeping operating costs low and management simple. Additional features include ample on-site parking and new storage sheds for tenants - an added convenience rarely found in similar properties.Set in a prime location within walking distance to shops, schools, and the scenic Moira River, this fourplex offers the perfect blend of residential ease and rural charm. Located in an amenity-rich neighborhood, it provides stable rental income, low operating costs, and strong long-term potential.Whether you're looking to expand your portfolio or enter the market with a high-performing asset, 412 Victoria Street presents a rare opportunity to invest in a quality property with proven returns. Rental income and operating expense details are available upon request. (id:35544)
Business
BusinessType
|
Residential |
BusinessSubType
|
Apartments |
Property Details
MLS® Number
|
X12213803 |
Property Type
|
Multi-family |
Community Name
|
Tweed (Village) |
ParkingSpaceTotal
|
6 |
Building
Appliances
|
Dishwasher, Dryer, Washer |
HeatingType
|
Hot Water Radiator Heat |
SizeExterior
|
896.58 Sqft |
SizeInterior
|
897 Sqft |
Type
|
Multi-family |
UtilityWater
|
Municipal Water |
Land
Acreage
|
No |
SizeDepth
|
132 Ft |
SizeFrontage
|
47 Ft ,6 In |
SizeIrregular
|
Bldg=47.5 X 132 Ft |
SizeTotalText
|
Bldg=47.5 X 132 Ft |
ZoningDescription
|
R1 |