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!Show Description MLS® Number40765489
Laundry LevelIn-Suite
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementFull, Unfinished
Driveway
Garage Spaces
HeatOther
A/CNone
Heating Fuel
None, Fridge, Stove, Washer, Dryer In Each Unit. Dishwasher In Unit 5. Shed In The Backyard. Brand New Boiler 2024.
