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$ 799,900
Est. payment /mo
New
67 King ST W Cavan Monaghan, ON L0A 1G0
6 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision Millbrook Village
MLS Listing ID X13103842
Style 2-Storey
Bedrooms 6
Annual Tax Amount $5,923
Tax Year 2026
Property Sub-Type Fourplex
Property Description
A rare opportunity to acquire a well-maintained Legal 4-plex investment property in the heart of Millbrook-offering small-town charm with the convenience of nearby urban amenities. This turn-key, cash-flowing building has been thoughtfully updated over the past several years, including a newer HVAC system, roof, and exterior doors, giving the property a clean, modern look and reducing future capital expenses. Due to the large sized double lot, future expansion or a severance is a possibility. The building features 2 spacious 2-bedroom units, and 2 one bedroom units, each with parking for two vehicles-a highly desirable and uncommon benefit for tenants in this area. Each unit boasts a private deck and outside sitting area as well. The building showcases generous windows throughout, the property that allows natural light to enhancing both the aesthetic and the overall sense of space. With extremely low vacancy rates in Millbrook and strong rental demand, this property is an excellent fit for investors looking to expand their portfolio or increase passive income with a stable, income-producing asset
Location
Province ON
County Peterborough
Area Peterborough
Zoning R4-3
Rooms
Basement Unfinished
Kitchen 4
Interior
Interior Features Water Meter
Cooling Central Air
Inclusions 4 FRIDGES, 4 STOVES, 2 WASHERS 2 DRYERS
Exterior
Exterior Feature Deck, Patio
Parking Features None
Pool None
Roof Type Asphalt Rolled
Total Parking Spaces 8
Building
Building Age 100+
Foundation Stone
Lited by ROYAL HERITAGE REALTY LTD.