712-718 Main Street E

Nestled in the heart of Hawkesbury, you'll find a remarkable opportunity with this Multi-Family Home for sale in Hawkesbury , located at 712-718 Main Street E E, Hawkesbury. This centrally located multiplex boasts a solid reputation, meeting all Ontario fire code regulations, ensuring peace of mind for both investors and tenants alike. With a total of 10 bedrooms and 6 bathrooms spread across its two-storey structure, this property is not just a house; it's a thriving community of homes.

The property features a total of 18 rooms, comprising 5 units in the apartment building—three of which are spacious two-bedroom units, renting for $1,508, $1,400, and $1,366 respectively. Additionally, there are two one-bedroom units bringing in $1,000 and $893. With utilities included in the rents, tenants enjoy a hassle-free living experience. On the same lot, there’s a separate, renovated two-bedroom house that’s currently rented out at £1,350, with the tenant responsible for their own utilities. This setup not only enhances the income potential but also provides a diverse living arrangement for residents.

The annual gross income for this Multi-Family Home for sale in Hawkesbury is an impressive £90,204, making it a worthwhile addition to any real estate portfolio. The annual expenses, which total £28,865, are manageable, and a full list of income and expenses is readily available for serious inquiries. This means that potential buyers can easily assess the profitability of this investment.

Situated on a generous lot measuring 36 X 266 feet, the property offers ample parking space for up to six vehicles, thanks to a mutual driveway. While the house does not come with a garage, the parking situation is more than adequate for tenants and guests. Although there is no central vacuum system or air conditioning, the property is heated by a reliable water heating system, ensuring comfort during those chilly Hawkesbury winters.

One of the standout features of this Multi-Family Home for sale in Hawkesbury is its prime location. Just a short stroll away, residents can access all the amenities they could possibly need, from shops and restaurants to parks and schools. This accessibility adds significant value to the property, making it an attractive option for potential tenants.

The exterior of the building is clad in durable vinyl siding, providing a modern and low-maintenance facade that will stand the test of time. While there is no pool or fireplace, the property is equipped with internet access, which is essential for today’s lifestyle. The unfinished basement presents an opportunity for future development, whether for additional storage or possibly converting it into more living space, subject to the necessary approvals.

In summary, this Multi-Family Home for sale in Hawkesbury at 712-718 Main Street E E, Hawkesbury, is a fantastic investment opportunity. With its fully rented status, solid income potential, and prime location, it’s a property that should not be overlooked. Whether you’re a seasoned investor or looking to dip your toes into the real estate market, this multiplex offers a unique chance to secure a profitable asset in the Prescott and Russell area. Don’t miss out on this chance to own a piece of Hawkesbury’s vibrant community!

The community of 612 - Hawkesbury, nestled within the city of Hawkesbury, offers a charming blend of natural beauty and suburban convenience. Surrounded by picturesque landscapes, including lush parks and the tranquil Hawkesbury River, this area is perfect for those who appreciate outdoor activities and a serene environment. The community is well-connected, with easy access to local amenities, schools, and shops, making it an ideal location for families and individuals alike. With its friendly atmosphere and a strong sense of local pride, 612 - Hawkesbury presents a welcoming haven for prospective residents seeking a balanced lifestyle.