An incredible investment opportunity awaits with this fully tenanted property, generating over $10,000 per month in rental income - a true cash cow! Situated on a spacious 0.9-acre lot, this property features three separate entrances and two separate meters, offering maximum flexibility for tenants and owners alike. The main floor boasts two separate units with a large kitchen, a separate dining room, and stunning wood flooring throughout, providing a warm and inviting atmosphere. The basement unit offers four bedrooms, ideal for larger tenant groups, while the other side of the building features five tenant rooms, ensuring consistent rental income. Conveniently located close to a highway, this property not only provides excellent accessibility for tenants but also promises long-term value in a high-demand location. Whether you're expanding your portfolio or starting your real estate investment journey, this property is an opportunity you won’t want to miss!
MLS# | 40684845 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1850 |
Days On Site | 42 |
Listing Provided By | EXP REALTY | Muhannad Yaseen |
SQ Feet | 2,961 |
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Basement | Y |
Story(s) | 2 |
Units | 4 |
Zoning | A+EP |
State | ON |
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County | Durham |
City | Clarington |
Zip Code | L1C 3K3 |
Area | Clarington |
Subarea | South of 401 |
Community Name | South of 401 |
Listing VS Median (in South of 401) | |
Price: $1,558,000 low | high Med: $1,558,000 SqFt: 2,961 low | high Med: 2,961 $ / SqFt: $526 low | high Med: $526 On Site: 42 low | high Med: 42.000000 |