596688 10 Concession,Chatsworth, ON N0H1G0
Chatsworth, ON N0H1G0
Description
Turnkey Investment Opportunity - Fully Tenanted 4-Unit Property. Excellent opportunity to add a fully tenanted, income-producing property to your investment portfolio. Situated in a peaceful country setting with generous outdoor space, this well-maintained four-unit property offers a strong combination of stable rental income, tenant appeal, and low-maintenance ownership. The property features three 2-bedroom units and one spacious 1-bedroom unit, all currently occupied. Each unit is separately metered for hydro, with tenants responsible for their own electricity, helping to keep operating expenses manageable.Several important updates have already been completed, including improvements to the roof, windows, heating system, paint, and flooring in select units, helping reduce the need for significant near-term capital expenditures. Additional income is generated through coin-operated laundry, while dedicated basement storage areas provide added convenience for each tenant. With a solid tenant base, established income, desirable rural setting, located close to Owen Sound, ample yard space, and key improvements already completed, this property offers an attractive turnkey opportunity for investors looking for a well-established multi-residential property with continued rental potential. **Total Rental Income $59,849, Laundry $2,000, Total Gross Income $61,849. Expenses $13,975. Net Operating Income $47,874.** (id:13843)
Details
| MLS # | X13779012 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 59 |
| Listing Provided By | RE/MAX Grey Bruce Realty Inc. | MELANIE SAUVE-HAVILAND |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,500 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | NEC |
Interior
| Cooling | None |
|---|---|
| Heating | Propane, Other |
| Appliances | Washer, Refrigerator, Water softener, Stove, Dryer, Water Heater |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Wooded area, Conservation/green belt |
|---|---|
| Foundation Details | Stone |
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 5 |
Utilities
| Utilities | Electricity |
|---|---|
| Sewer | Septic System |
Taxes
| Tax Annual Amount | 4319.28 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| City | Chatsworth |
| Postal Code | N0H1G0 |
| Listing VS Median (in N0H1G0) | |
Price: $675,000 low | high Med: $717,500 sqft: 3,500 low | high Med: 2,784 $ / sqft: $193 low | high Med: $280 On site: 59 low | high Med: 43 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Chatsworth |
| Postal Code | N0H1G0 |
| Listing VS Median (in N0H1G0) | |
Price: $675,000 low | high Med: $717,500 sqft: 3,500 low | high Med: 2,784 $ / sqft: $193 low | high Med: $280 On site: 59 low | high Med: 43 | |