617 FIRST STREET S

Looking for a solid income-producing property? This well-maintained and upgraded fourplex offers an excellent opportunity to step into the rental market or add a strong performer to your existing investment portfolio. Offering good cash flow with minimal management, the property features three one-bedroom apartments and one two-bedroom apartment, with each unit enjoying the convenience of its own in-suite laundry. Location is another major advantage. Situated in Kenora's desirable Central neighbourhood, the property is near the newly redeveloped Central Community Club and just steps from downtown Kenora, Lake of the Woods, shopping, restaurants, services and amenities - an attractive and convenient location for tenants. Whether you're a first-time investor looking to build equity and generate passive income or an experienced landlord searching for your next rental property, this fourplex offers an appealing combination of income, location and ease of ownership. Put your money to work for you - call today to arrange your private viewing! (id:67197)

Price

$599,900

Property Type

Multi-family

Transaction Type

For sale

Bedrooms

5

Bathrooms

4

Parking

4

MLS® Number

X13780586

Interior Size

1500 - 2000 sqft

Building Type

Fourplex

Bedrooms Above Grade

5

Bathrooms

4

Basement

N/A, N/A, N/A (Finished)

Basement Development

Finished

Cooling

None

Exterior Finish

Stucco

Fireplace

No

Foundation

Concrete, Stone

Heating Fuel

Natural gas

Heating

Radiant heat

Interior Size

1500 - 2000 sqft

Stories

2

Water

Municipal water

Size Frontage

50 ft

Size Depth

150 ft

Acreage

No

Sewer

Sanitary sewer

Amenities Nearby

Schools

• Sloping
• Schools
• Water Heater - Gas
• Water Heater
• Patio(s)
• Porch
• Shed