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Presenting 243 Main St. E. Palmerston. A Multi-Family Six-Plex Full Of Opportunity And Investment Potential. With A Rich History, The Home And Property Were Originally Owned By The United Church And Was Later Transformed Into A Purpose-Built, Rental Building That Has Been Meticulously Maintained By The Original Owners Who Occupied One Of The Units In The Building. Located Just Steps To Main St. Shops, Restaurants And Lion's Community Park, The Quintessential Small-Town Feel Is Alive And Well. This Turnkey Property Is Available Immediately And Has Been A Desired Residence For Tenants In The Area, And Has Had A Zero Vacancy Rate Since Being Built In 1996. Current Rents, Are Approximately $100,000/Year With The Potential To Increase By $20,000-$30,000 As Tenants Turn Over And New Market Rents Are Introduced. The Building Totals Over 8,000 Sq. Ft. And Each Unit Is A Generous Size. All Six Units Are 2 Bedroom, 2 Bathroom, With Spacious Living, Dining, Kitchens, In-Suite Laundry, And Storage**** EXTRAS **** There Are 4 Garages & 3 Units Have Finished Basements. All Units Are Separately Metered For Hydro, Each With Its Own Parking & Balcony. Zoning Is Commercial/Multi-Residential. View Website For More Photos, Floor Plans, & Financial Details. (id:24093)
Listed by HUNTER WILLIAM OBEE of ROYAL LEPAGE MEADOWTOWNE REALTY

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"Based on information submitted to CREA as of March 27, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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