2540 Market Street
CA$970,000
For Sale
8
4
3500-5000
Fourplex
Details
Overview
Description
Charming Fourplex Investment Opportunity in Cumberland Village! Located in the serene and picturesque setting of Cumberland Village, this spacious fourplex offers a fantastic investment opportunity with decent rental income & long-term tenants. The building consists of four self-contained units, each designed for comfort and functionality. Each apartment features a combined living/dining area, an eat-in kitchen, two bedrooms, 4-piece bathroom, in-unit laundry & comes w/ an outdoor parking space plus a dedicated shed for additional storage. The two main-floor units each enjoy a private fenced patio off the kitchen, while the two upper-level units have their own private decks, offering tree-lined views and a peaceful outdoor retreat. Set on a large, tree-surrounded lot next to a quaint park, the property provides a quiet country feel & only a 15 min drive to Orleans. Tenants enjoy ample outdoor space and privacy, along with additional parking for up to 10 vehicles in total, ideal for guests or multi-vehicle households. Upgrades Include: New GENERAC generator(24), Fridge in Apt #2(23), Fridge in Apt #3 (22), All kitchen windows(22), Bathroom windows in Apts #1 & #3(22), 2nd bedrm window in Apt #1(22), Deck(19), eavestrough(19), Pressure tank(19), All front living room windows (17), Well pump (15), Culligan water system(14), All appliances in Apt #4(11), All bedroom windows(11), Washer/dryer in Apt #2(10), All appliances in Apt #1(08), Washer/dryer in Apt #3(08), Septic bed(06), Roof(06), Rental Breakdown: Apt #1 (Owner occupied): $900/mth, Apt #2: $935/mth, Apt #3: $950/mth, Apt #4: $950/mth. Each tenant is month to month & pays their own heat, hydro & hot water tank rental, keeping operational expenses lower for the owner. The floor plan shown is for Apartment #1, reflecting the layout of each unit (similar). Expenses: Insurance$3073/yr, Common Hydro $58/mth, Snow Removal $900/year.
This fourplex home located at 2540 Market Street, OrleansCumberlandandArea, ON K4C 1A4 is currently for For Sale and has been available on Wedu.ca for days. This property is listed at CA$970K. It has 8 beds, 4 bathrooms, and is 3500-5000 square feet. The property is N/A years old. 2540 Market Street, OrleansCumberlandandArea, ON K4C 1A4 is in Orleans - Cumberland and Area neighborhood 1115 - Cumberland Ridge.
Fees
Inside
Building
Land
Parking
Metadata
Rooms
Living Room | Main | 3.34 x 4.82 | Laminate |
Dining Room | Main | 1.74 x 3.16 | |
Kitchen | Main | 3.77 x 4.34 | Eat-in Kitchen |
Primary Bedroom | Main | 3.66 x 3.96 | |
Bedroom 2 | Main | 3.45 x 2.72 | |
Bathroom | Main | 2.38 x 1.69 | 4 Pc Bath |