Email us at : jeff@jeffmoisan.com
519-760-3227
Prime Investment Opportunity in Collingwood's Desirable Heritage Zone! Add this turnkey, century-old solid brick fourplex to your portfolio. The property features an ideal unit mix of two 3-bedroom units and two 2-bedroom units. This building is fully tenanted with incredibly low landlord overhead. True net/net leases ensure tenants pay for their own gas, hydro, water, and sewage. Each unit is equipped with its own separate furnace. Major capital expenses are already taken care of with a brand-new roof (2025) and recently updated plumbing. Boost your cash flow with built-in parking revenue: each unit includes 1 space, with additional spaces available for $100/month. Unit #4 (2-bed) was just freshly leased at $2,200/month, proving strong market demand and excellent rental yields. Walkable to downtown dining, shopping, and the waterfront. Don't miss out! (id:32152)
| MLS® Number | S13226690 |
| Property Type | Multi-family |
| Community Name | Collingwood |
| Appliances | Dryer, Washer |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 4843 Sqft |
| Size Interior | 4843 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 140 Ft |
| Size Frontage | 53 Ft |
| Size Irregular | Bldg=53 X 140 Ft |
| Size Total Text | Bldg=53 X 140 Ft |
| Zoning Description | C1 |
https://www.realtor.ca/real-estate/29838621/57-elgin-street-collingwood-collingwood
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
