Discover your next golden opportunity with this well-maintained 4-plex in the thriving town of Mitchell, Ontario. Boasting a strong rental income and numerous recent upgrades, this property is an investor's dream. All units have been updated and feature in-suite laundry, fridge, stove, and dishwasher, adding to their tenant appeal. There is separate gas and hydro meters ensure efficiency, with the landlord only responsible for water and common area hydro. The property includes 4 owned hot water tanks and ample parking space for residents. Many of the capital expenses have already been taken care of and include a new roof which was installed in 2019, ensuring long-term durability, the siding was updated in 2020, enhancing curb appeal. Most windows were replaced in 2021, reducing maintenance costs and increasing energy efficiency and eavestroughs were resealed in 2022, providing further protection against the elements. The current rents are as follows: Unit 1: $1,500 plus gas and hydro, Unit 2: $1,685 plus gas and hydro (will be vacant as of January 31, 2024 with opportunity to increase rent), Unit 3: $1,250 plus gas and hydro, Unit 4: $1,244.45 plus gas and hydro. Don't miss out on the chance to add this income-generating gem to your portfolio. With strong rental income and these recent improvements, this 4-plex is ready to provide a consistent and lucrative return on your investment. Some seller financing/VTB available. Act fast to secure your piece of the Mitchell real estate market! (id:41195)
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We are from the Windsor area and needed to sell our London condo after our kids moved back to Windsor. We had used Sutton Group Preferred Realty successfully to buy the condo originally, so we naturally sought them out yet again to sell. We ended up working with Joyce Bryne and are so glad we did!
Right from our first visit where she took her time being very thorough and explaining every last detail to be covered, as well as asking questions as she went along. You will learn more in one visit with Joyce than any other realty experiences you may have had so far.
When we were ready to list, she implemented the strategy discussed with an amazing result. She was patient and neutral while sifting through the important details of all offers brought to the table. The absolute best Realtor experience we have ever had. Thank you Joy for everything!
Kristin and Frank Valeri
Michael was one of the best realtor we had the pleasure to work with. He was professional and always prompt to replying to our email, calls and texts. Very patience and determined to find a place suitable for a fist time buyer.
Thank you Michael for finding the perfect home for my son.
We would definitely recommend Michael to all my family and friends in London.
Thank you so much for all your great work with the sale of our home in London and for your fantastic recommendations to an agent in the States to represent us on the purchasing end.
Her great work in getting us through the buying process here, which was overly complicated due to us coming from Canada, was consistent with the outstanding work we have always associated with you and your team.
I have always recommended you to people I know who are seeking out representation for the purchase or sale of a home and will continue to do so without any reservation.
We will most definitely stay in touch and likely seek out your expertise/services again in the future.
Thank you again Joyce!
John & Lindsay Patrick
East Greenwich, RI