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210 York Street Palmerston, Ontario N0G 2P0

6 Bedroom 5 Bathroom 4243 sqft
None Other

$899,900

Welcome to your new investment property! This fantastic gem in beautiful Palmerston is easy investing at it's finest. A fully rented 5-plex is ready to be added to your portfolio. Each unit is fully self-contained with a fridge, stove, washer and dryer. Units 2,3,4 and 5 have long-term, reliable tenants who have been in place for the last 7+ years. Unit 1 was rented out in 2024 at today's market rent rate of $1,400/month. Brand new boiler system was installed in June of this year. Parking for up to 6 cars with a front and back parking pad. Nearby everything that Palmerstion has to offer. Plus, the property was approved for a 6th unit, permitted back in 2021, but was just never built (you can see the potentially outline for the new unit at the back of the home). This is an investors dream: fully tenanted, with stable and reliable tenants, a brand new heating system, and with the potential of a 6th unit, room to grow! (id:45725)

Property Details

MLS® Number 40695196
Property Type Multi-family
Amenities Near By Park, Place Of Worship, Schools, Shopping
Parking Space Total 6

Building

Bathroom Total 5
Bedrooms Total 6
Basement Development Unfinished
Basement Type Full (unfinished)
Cooling Type None
Exterior Finish Stucco
Foundation Type Block
Heating Type Other
Stories Total 3
Size Interior 4243 Sqft
Utility Water Municipal Water

Land

Acreage No
Land Amenities Park, Place Of Worship, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 132 Ft
Size Frontage 72 Ft
Size Total Text Under 1/2 Acre
Zoning Description Residential Property With 5 Self-contained Units

https://www.realtor.ca/real-estate/27869469/210-york-street-palmerston

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