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Potential Duplex Conversion With R2 Zoning

Not on MLS®

For Sale: Multifamily in Iroquois Falls, ON

Luc Robitaille

Principal

Very responsive to messages

Listing Details

Description

Off Market Assignable Purchase Contract Flip Opportunity with ~ $80k Profits! Potential Net Operating Income (NOI) of $19,356 With an upgrade of approx. $20k, your Market Cap potential is 11% Great BRRRR opportunity with a $250K After Repair Value! or just buy and hold to instantly capture $40k in equity! Current Market Value = $190k Property Features: Main Floor Includes Kitchen with oak cabinets, Dining room, Living Room, patio doors to rear deck, front and side entrance doors, hardwood floors throughout except kitchen. Upper Floor Includes 3 bedrooms with hardwood floors , full bathroom with floor tiles Basement Includes finished Rec Room, Full bathroom, Laundry hook ups, utility area, 7.5' ceiling. Driveway paved can fit 4 parking spaces Lot size 45' x 146' 1427 sq.ft. Above grade living space plus Mostly finished Basement approx. 500 sq.ft Solid Structure with poured foundation, level floors Modern windows, exterior vinyl siding • Living room, dining room and bedrooms have beautiful refinished hard wood floors. • Kitchen and bathrooms in good condition • Modern Plumbing ABS and copper plumbing • Electrical - 125 Amp Breaker panel with modern Copper wiring • Hot water tank is a rental • New Boiler 2021 radiant heating system owned • Ductless Wall Mounted Air Conditioning units owned • Detached 2 car garage is wired and insulated.

Location & nearby

This listing is located in Iroquois Falls, ON P0K 1G0