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99 West River Street Paris, Ontario N3L 2V4

8 Bedroom 4 Bathroom 3600
None Forced Air

$775,000

This side by side 4-plex, will be an amazing problem free investment for years to come, each unit has a 3 bedroom unit and a 1 bedroom unit. It's very rare a property like this comes up in Paris. With this one located just steps to the river, the walking trails and the historic downtown the rates you can charge for rent will be a premium to your average income property. 2 of the tenants have been there for many years so when they turnover the income will go up significantly. unit 1 is a 3bed paying $1595 and unit 2 below is $1123 while the original tenants in units 3 and 4 are paying 895 and 615 respectively. This property has been well maintained and will be a great addition to any rental portfolio. (id:29966)

Property Details

MLS® Number 40543816
Property Type Multi-family
Amenities Near By Schools, Shopping
Community Features Quiet Area
Parking Space Total 4

Building

Bathroom Total 4
Bedrooms Total 8
Basement Development Unfinished
Basement Type Partial (unfinished)
Cooling Type None
Exterior Finish Brick
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 3600
Type Fourplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Schools, Shopping
Sewer Municipal Sewage System
Size Depth 124 Ft
Size Frontage 40 Ft
Size Total Text Under 1/2 Acre
Zoning Description R2

https://www.realtor.ca/real-estate/26561002/99-west-river-street-paris

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