Last price change Oct 17, 2024
Property type
Investment
Lot size
< .50
Style
Approx. Area
3351 Sqft
Designed with the concept of a private owner's suite at the rear, this exceptional 4-plex in downtown Tillsonburg offers unlimited potential. Whether you envision living in the spacious back unit while the rental income from the front three units covers your mortgage, or you're a savvy investor seeking an excellent opportunity, this property provides flexibility and convenience with walking access to numerous amenities. The back unit features a raised ranch layout with generous living space, two bedrooms, two bathrooms, a private laundry area, and a back patio overlooking a large yard—ideal for summer relaxation. Meanwhile, the three front units are tenant-occupied and heated by electric heat, with tenants covering utility costs. In 2009, the front units were extensively renovated, taken down to the studs, and rebuilt to code, featuring new vinyl windows, separately metered plumbing and electrical systems, updated kitchens and bathrooms, new entry doors, and fire separations—all inspected and approved. Additional updates include a new roof in 2016, new windows in the back unit in 2022, and a newly added asphalt pad (21' x 24') in front of the garage for added convenience. Buyer to assume all tenants. This impeccably maintained property is ready to meet a variety of needs—don't miss this exceptional investment opportunity!
Last updated
4 days ago
Virtual tour
None
Basement information
Building size
3351
Status
In-Active
Property sub type
Investment
Maintenance fee
$N/A
Year built
2024
Sales Representative, Dolphin Realty Inc
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