$950,000 Sale

Listed 2 hours ago

860 WORTHINGTON STREET E

MLS® x14103222 Fourplex

Your request was received!

We'll be in touch soon to confirm the details.

Date:

Beds · 8

Baths · 4.0

Parking · 8

Sqft · 3500 - 5000

Est. mortgage

$3,604/mo

Key Facts

Key facts for 860 WORTHINGTON STREET E

Property Type

Apartment

Parking

Garage: No, 8 parking

MLS #

X14103222

Size

3500 - 5000 sqft

Basement

None

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

Strong Cash Flow & Excellent Investment Potential! This solid fourplex is an outstanding opportunity for investors seeking attractive returns and value-add potential. Featuring four spacious, bright 2-bedroom units with efficient radiant in-floor heating and in-suite laundry hookups, this property g...enerates over $90,000 in gross annual income. Three units currently rent for $1,950/month, with tenants paying their own utilities(separate gas and hydro meters), keeping operating expenses to a minimum. The fourth unit is currently vacant and freshly updated, offering an excellent opportunity to set market rent and maximize income. With a compelling 7.71% cap rate, low operating costs, and additional rental income potential, this property is well suited for both seasoned investors and those looking to expand their portfolio. Cash flow statement available upon request. (id:10452)

Full Property Details

Interior

Bedrooms

Washrooms

4.0

Square Footage

3500 - 5000 sqft

Basement

None

Heating Source

Natural gas

Heating Type

Radiant heat

Air Conditioning

Window air conditioner, Air exchanger

Full Bathrooms

Half Bathrooms

Bedrooms

Washrooms

4.0

Square Footage

3500 - 5000 sqft

Basement

None

Heating Source

Natural gas

Heating Type

Radiant heat

Air Conditioning

Window air conditioner, Air exchanger

Full Bathrooms

Half Bathrooms

Exterior

Acreage

60 x 132 FT

Parking Spaces

Garage Spaces Y/N

Acreage

60 x 132 FT

Parking Spaces

Garage Spaces Y/N

Building Description

Home Type

Apartment

Subtype

Fourplex

Exterior

Vinyl siding

Sewers

Sanitary sewer

Water Supply

Municipal water

Home Type

Apartment

Subtype

Fourplex

Exterior

Vinyl siding

Sewers

Sanitary sewer

Water Supply

Municipal water

Community

Central

Area Code

North Bay (Central)

Community

Central

Area Code

North Bay (Central)

Similar Properties (No results)

Mortgage Calculator

Calculate your estimated monthly mortgage payment

Price $950,000

Down payment

Interest rate

Amortization

Total cost of mortgage

Monthly payment

By clicking Save, we will calculate your estimated mortgage for all properties using the saved values (down payment percentage, interest rate, and amortization).

The accuracy and applicability of this calculator are not guaranteed.

Babar Mohammad

Email: [email protected] Cell: 289-244-7722