Turnkey 5 PLEX apartment building in the up and coming Town of Lindsay! This beautiful and money making property is a legal non-confirming 5-plex nicely situated on a 62 x 173' lot located in South Lindsay. Tenants love the location because it is walking distance to downtown and all the amenities one could desire! Nestled into a mature residential neighbourhood filled with stunning homes and unique architecture. The property boasts 3 one bedroom apartments, 1 two bedroom Apartment and 1 bachelor apt. All units are fully rented with great tenants. With strong rents and low operating costs this property runs itself and makes you money! The full basement offers plenty of room for storage and potential to add future value to the building! The backyard is massive and could be an opportunity to expand the building and add more rental suites in the future! Newer high efficiency boiler (2019). If you're looking to add a turnkey property to your investment portfolio, this is it!
Property Type:
Residential Income
Property SubType:
Multi-5 Unit
Listing General Location:
Lindsay (Town), Kawartha Lakes
Bedrooms:
5
Bathrooms:
5.0
(Full:-/Half:-)
Lot Size:
10,890 sq. ft.1,012 m2
Lot Details:
173.24 x 62.81
Lot Depth:
173'2⅞"52.8 m
Lot Frontage:
62'10"19.1 m
Frontage Type:
West
Kitchens:
0
County Or Parish:
Kawartha Lakes
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Construction:
Brick
Basement:
Full, Unfinished
Foundation:
Stone
Roof:
Asphalt Shing
Number of Storeys:
2
Number of Buildings:
0
Total Floor Area:
2,382 sq. ft.221 m2
Finished Area Above Grade:
2,382 sq. ft.221 m2
Fireplace:
false
Laundry Features:
None
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
None
Heating:
Natural Gas
Age Furnace:
2019
Other
Refrigerator, Stove
Other
false
No
Ridout Street & Simcoe Street
No
HST Applicable To Sale Price:
Included
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Electric Expense:
$2,577.72
Insurance Expense:
$2,167.8
Expenses:
Actual
Heating Expense:
$2,960.4
Zoning:
R2
Total Acres:
0.25
Lot Site Features:
City Lot, Hospital, Park, Playground Nearby, Rec./Community Centre, Schools, Shopping Nearby
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No