$989,000

Investment For Sale In Port Hope, Ontario

$989,000

Property Information:

An exceptional income property, this historic fourplex is brimming with character and charm. With $60K recently invested in updates, it offers modern enhancements while preserving its timeless appeal. Ideally situated on Walton Street, this property features four above-grade rental units and ample parking, making it a sought-after investment in the heart of Port Hope. Unit 1 features a one-bedroom, one-bathroom layout with an open living area adorned with wainscoting and intricate window trim. The kitchen provides ample space, stainless steel appliances, and a separate back entrance for convenience. Unit 2 has been recently updated and offers two bedrooms. The open-concept living space is enhanced by a fireplace with built-in shelving, high ceilings with recessed lighting, crown moulding, and stunning flooring that adds warmth and character. The kitchen boasts built-in stainless steel appliances, a spacious island with contemporary lighting, and a breakfast bar. The primary bedroom is a retreat with a tray ceiling, window seat, closet, and semi-ensuite bathroom, while the second bright bedroom connects seamlessly to the back entrance. Unit 3 is designed for comfort with two bedrooms, a bright open living space, a modern full bathroom, and an eat-in kitchen that leads to the back entrance. Unit 4 offers two sun-filled bedrooms, a full bathroom, an inviting open living space, and a bright eat-in kitchen with a walkout to the back entrance. Positioned just steps from the renowned shops, cafes, and restaurants of downtown Port Hope and moments from Highway 401, this well-located building presents an incredible opportunity. With historic charm and modern updates, this is a property that stands out for renters and investors alike. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Amenities:
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Exterior Finish: Brick
  • Fireplace: Yes
  • Floor Space: 2500 - 3000 sqft
  • Foundation Type: Stone
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Blinds, Dishwasher, Hood Fan, Microwave, Stove, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 7
  • Bathrooms: 4
  • Features: Irregular lot size
  • Floor Space (approx): 2500 - 3000 Square Feet
  • Irregular: Yes
  • Lot Frontage: 143.3 Feet
  • Lot Size: 143.4 FT
  • Utility Type: Sewer - Installed, Cable - Available, Hydro - Installed
  • Zoning: C3
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 9

Rooms:

  • Kitchen 2nd Level 2.78 m x 4.68 m
  • Primary Bedroom 2nd Level 3.34 m x 3.77 m
  • 2nd Bedroom 2nd Level 3.01 m x 2.93 m
  • Bathroom 2nd Level 1.97 m x 1.58 m
  • Living 2nd Level 3.18 m x 4.67 m
  • Kitchen 2nd Level 5.19 m x 2.79 m
  • Living 2nd Level 5.48 m x 3.22 m
  • Primary Bedroom 2nd Level 3.27 m x 3.36 m
  • 2nd Bedroom 2nd Level 3.27 m x 3.01 m
  • Kitchen Main Level 3.33 m x 3.63 m
  • Primary Bedroom Main Level 3.67 m x 3.40 m
  • Bathroom Main Level 3.33 m x 0.98 m
  • Living Main Level 3.19 m x 4.54 m
  • Dining Main Level 2.26 m x 4.25 m
  • Primary Bedroom Main Level 3.18 m x 4.15 m
  • 2nd Bedroom Main Level 2.64 m x 5.04 m
  • Kitchen Main Level 3.37 m x 4.15 m
  • Living Main Level 3.05 m x 4.15 m
  • Bathroom Main Level 2.42 m x 0.79 m

Courtesy of: RE/MAX HALLMARK FIRST GROUP REALTY LTD.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.