Centrally located legal non-conforming brick 4-plex with potential gross rental income of $5,032/month, situated on a massive 80 x 188 ft potential double lot with excellent future potential. This charming 1.5-storey property offers approximately 3,300 sq ft of living space, plenty of original character, a double detached garage, parking for up to six vehicles, and additional basement storage.The unit mix includes a main-floor 1-bed, 1-bath apartment ($1,075/month); a spacious 4-bed, 1.5-bath apartment spanning the main and second floors ($2,095/month + 30% utilities); a lower-level 1-bed with kitchen ($862/month); and a lower-level bachelor with kitchen ($700/month). The two lower-level units share a bathroom. The vacant double detached garage offers estimated rental income of $300/month. All tenants have access to free shared laundry in the basement, along with additional storage space.Updates include roof (2019), windows (2020), two furnaces (one updated 2019), and a 200-amp breaker panel. Set along mature tree-lined Melbourne Street, just steps from downtown Lindsay and Kent Street shopping, dining, and everyday amenities. An excellent income-producing property with a strong existing rent roll, substantial lot size, and future potential. (id:13843)
| MLS # | X14089814 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 7 |
| Listing Provided By | RIGHT AT HOME REALTY | JASON ELLIOTT BARRON |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,000 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | R3 |
| Cooling | None |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
| Lot Features | Carpet Free |
|---|---|
| Foundation Details | Block |
| Parking Features | Detached Garage, No Garage |
|---|---|
| Parking Total | 6 |
| Utilities | Sewer, Electricity, Cable |
|---|---|
| Sewer | Sanitary sewer |
| Water Source | Municipal water |
| Tax Annual Amount | 4478.76 |
|---|
| Province | ON |
|---|---|
| City | Kawartha Lakes (Lindsay) |
| Postal Code | K9V2S7 |
| Listing VS Median (in K9V2S7) | |
Price: $599,900 low | high Med: $599,900 sqft: 2,000 low | high Med: 2,000 $ / sqft: $300 low | high Med: $300 On site: 7 low | high Med: 7 | |
| Province | ON |
|---|---|
| City | Kawartha Lakes (Lindsay) |
| Postal Code | K9V2S7 |
| Listing VS Median (in K9V2S7) | |
Price: $599,900 low | high Med: $599,900 sqft: 2,000 low | high Med: 2,000 $ / sqft: $300 low | high Med: $300 On site: 7 low | high Med: 7 | |