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Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Subdivision Tb-401
MLS Listing ID X13707918
Annual Tax Amount $4,378
Tax Year 2025
Property Sub-Type Multiplex
Property Description
INCOME EARNER! Excellent opportunity to invest in a well-maintained multi-family residential complex, centrally located right in Fort Frances! 5 self-contained residential apartment units make up this well-maintained property, currently fully tenant-occupied and generating great monthly cash flow. Low-maintenance exterior including metal roofing, mostly updated windows and minimal grass for cutting to keep regular upkeep to a minimum while maintaining Tenant comfort, weekly garbage pickup provided by the Municipality! 4 main-floor apartment units, each with individual kitchens, bathrooms and varying bedroom counts have been well-appointed and include laundry hookups together with 1 basement unit. Central heating including natural gas f/a heat in two units, baseboard hot-water heating with boiler for the remainder. All hot water tanks are electric, owned & various plumbing & electrical upgrades & improvements have been completed throughout the years! Attached 1-car garage is available for owner OR tenant storage. Have you been waiting for the right real estate investment opportunity to come along? Here is is! Call for your private viewing appointment today.
Location
Province ON
County Rainy River
Area Rainy River
Rooms
Family Room No
Basement Full
Interior
Interior Features Other
Cooling Other
Inclusions 5 Fridges, 5 Stoves, 5 Washers, 5 Dryers
Exterior
Parking Features Other
Pool None
Roof Type Metal
Road Frontage Municipal Road
Lot Frontage 132.68
Lot Depth 80.7
Building
Foundation Poured Concrete
Others
ParcelsYN No
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Listed by CENTURY 21 NORTHERN CHOICE REALTY LTD.