511 St Lawrence Street Winchester, Ontario K0C 2K0
$649,900
Attention Investors! Here is your chance to own a fourplex in the heart of Winchester. This property has a 5.8% cap rate. All of the amenities are within walking distance of the building. Very easy to rent units in Winchester. Property is currently completely tenanted. 1 Bedroom rented at $785 all included. Bachelor rented at $632.50 all included. 2 Bedroom rented at 1000$/month Plus Hydro. 4 Bedroom rented at $1821.60 plus Hydro. Heat and Hot Water supplied to all units by a new Boiler system installed Nov 2021. 4 Bedroom unit was completely renovated 4 years ago. 2 Bedroom unit has been half renovated. 2 Car garage in back of the building. Property has a lot of potential. Client is heading in a different direction which is why this building is being offered for sale. Many new windows. New section of roof redone in shingles. Don't miss out on this one. (id:47723)
Property Details
| MLS® Number | 1311970 |
| Property Type | Multi-family |
| Neigbourhood | Winchester |
| Amenities Near By | Shopping |
| Communication Type | Internet Access |
| Community Features | Family Oriented |
| Easement | Unknown |
| Parking Space Total | 6 |
Building
| Basement Development | Unfinished |
| Basement Type | Cellar (unfinished) |
| Constructed Date | 1920 |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Brick |
| Flooring Type | Mixed Flooring |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Stories Total | 2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| Gravel |
Land
| Acreage | No |
| Current Use | Development Residential |
| Land Amenities | Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 140 Ft |
| Size Frontage | 53 Ft ,6 In |
| Size Irregular | 53.54 Ft X 140.03 Ft |
| Size Total Text | 53.54 Ft X 140.03 Ft |
| Zoning Description | Residential |
https://www.realtor.ca/real-estate/24846150/511-st-lawrence-street-winchester-winchester
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 08 2022 01:10:07
Ottawa Real Estate Board
Avenue North Realty Inc.