617 First Street South, Kenora (Central), Ontario P9N1E1

Listing courtesy of REMAX NorthWest Realty Ltd..

$599,900
5
BD
4
BA

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$599,900
MLS®
X13780586
Days on Market
22
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
5
Bathrooms
4
Lot Size Dimensions
50 x 150 FT
Subdivision
Central

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. (id:5764)

Additional Information

Subdivision
Central
Parking Spaces
4
Cooling
None
Country
Canada
Sewer
Sanitary sewer
Community Features
School Bus, Community Centre
Heating
Radiant heat, Natural gas
Lot Features
Sloping
Stories
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks