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550 Wallace Avenue S Listowel, Ontario N4W 0E1

8 Bedroom6 Bathroom2880
Central Air ConditioningForced Air

$1,100,000

Cap rate of 4%! Great investment opportunity in the beautiful and growing town of Listowel! New in 2019, 4-plex in quiet residential neighbourhood, with easy access to Hwy 86. AAA+++ TENANTS! 4 lovely separate units - 2 upper 3 bedroom 2 bath units, 2 lower 1 bedroom 1 bath units. Newer appliances: refrigerator, stove, over-stove microwave, dishwasher with in-suite laundry in all units! All on its own separate services. Tenants pay all utilities except water. 3 bedroom units are 1440 sqft. 1 bedroom units are 750 sqft. Don't miss out on this turn key investment property. Gross income $56,880/year! (id:22076)

Property Details

MLS® Number 40115893
Property Type Multi-family
Amenities Near By Golf Nearby, Park, Place Of Worship, Schools, Shopping
Community Features Quiet Area, Community Centre
Equipment Type None
Features Park/reserve, Golf Course/parkland
Rental Equipment Type None

Building

Bathroom Total 6
Bedrooms Total 8
Appliances Microwave Built-in
Basement Development Finished
Basement Type Full (finished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Aluminum Siding, Brick
Fire Protection Smoke Detectors
Foundation Type Poured Concrete
Heating Type Forced Air
Stories Total 2
Size Interior 2880
Type Fourplex
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Land Amenities Golf Nearby, Park, Place Of Worship, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 123 Ft
Size Frontage 65 Ft
Size Total Text Under 1/2 Acre
Zoning Description Res

https://www.realtor.ca/real-estate/23230640/550-wallace-avenue-s-listowel

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