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$ 639,000
Est. payment /mo
New
57 BALDWIN STREET Tillsonburg, ON N4G2K4
8 Beds
5 Baths
3,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $213
Subdivision Tillsonburg
MLS® Listing ID X12228794
Bedrooms 8
Source Woodstock Ingersoll Tillsonburg and Area Association of REALTORS® (WITAAR)
Property Description
Designed with the concept of a private owner's suite at the rear, this exceptional 4-plex in downtown Tillsonburg offers unlimited potential. Whether you envision living in the spacious back unit while the rental income from the front three units covers your mortgage, or you're a savvy investor seeking an excellent opportunity, this property provides flexibility and convenience with walking access to numerous amenities. The back unit features a raised ranch layout with generous living space, two bedrooms, two bathrooms, a private laundry area, and a back patio overlooking a large yard ideal for summer relaxation. Meanwhile, the three front units are tenant-occupied and heated by electric heat, with tenants covering utility costs. In 2009, the front units were extensively renovated, taken down to the studs, and rebuilt to code, featuring new vinyl windows, separately metered plumbing and electrical systems, updated kitchens and bathrooms, new entry doors, and fire separations all inspected and approved. Additional updates include a new roof in 2016, new windows in the back unit in 2022, and a newly added asphalt pad (21' x 24') in front of the garage for added convenience. Buyer to assume all tenants. This impeccably maintained property is ready to meet a variety of needs don't miss this exceptional investment opportunity! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 8
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by RE/MAX a-b Realty Ltd Brokerage