617 First Street S, Kenora, ON P9N 1E1

$599,900
5
BD
4
BA
1,500
SqFt

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List Price
$599,900
MLS#
X13780586
Status
ACTIVE
Type
Multifamily
SubType
Fourplex
Style
2-Storey
Bedrooms
5
Bathrooms
4
Living Area
1500-2000
Province
ON
Municipality
Kenora
Area
Kenora
Neighborhood
Central
Subdivision
6th Avenue South And 7th Avenue South

Property Description

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!

Additional Information

Taxes
$3,991
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Family Room
Yes
Kitchens
4
Exterior
Stucco (Plaster)
Garage Type
None
Pool
None
Parking Spaces
4
Parking Type
Available

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Re/Max NorthWest Realty Ltd..