188 WILLIAM STREET , Carleton Place

$749,800 / MLS® Listing #:1220849

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Looking for the perfect investment property? How about a legal fourplex in a desired rental location with a good cap rate? Well I have you a solid property with solid tenants! Walking distance to downtown and easy access to the highway; this property has four - 2 bedroom units completely rented and never any vacancy. Apartments one and two are heated with upgraded natural gas furnaces, apartments three and four are heated with electric heat. Tenants pay their own electricity and heat. Metal roof. Windows 2016, gutters 2016, Apartment #2 furnace/2016, Apartment #1 furnace/2013, electrical updated/2009, plumbing/2008, flat roof membrane balcony/2016, electric hot water tank apartment #3/2017, Kitchen renovation with new appliances apartment #4/2019. The lot also has good possibility of severance! (id:10452)

Property Details

Property Type Fourplex
Square Feet
Maintenance N/A
Days On Our Website 47
Basement Unfinished - Partial (Unfinished)
Kitchens
Lot Dimensions 100.8 ft X 100 ft
Pool N/A
Area Carleton Place
Air Conditioning None
Heating Natural gas, Electric - Baseboard heaters, Forced air
Exterior Brick
Parking Spaces 8
Parking Type Surfaced,Surfaced
Sewers Municipal sewage system
Water Municipal water

Listing Office: INNOVATION REALTY LTD.



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