67 King Street Cavan Monaghan, Ontario

A rare opportunity to acquire a well-maintained Legal 4-plex investment property in the heart of Millbrook-offering small-town charm with the convenience of nearby urban amenities. This turn-key, cash-flowing building has been thoughtfully updated over the past several years, including a newer HVAC system, roof, and exterior doors, giving the property a clean, modern look and reducing future capital expenses. Due to the large sized double lot, future expansion or a severance is a possibility. The building features 2 spacious 2-bedroom units, and 2 one bedroom units, each with parking for two vehicles-a highly desirable and uncommon benefit for tenants in this area. Each unit boasts a private deck and outside sitting area as well. The building showcases generous windows throughout, the property that allows natural light to enhancing both the aesthetic and the overall sense of space. With extremely low vacancy rates in Millbrook and strong rental demand, this property is an excellent fit for investors looking to expand their portfolio or increase passive income with a stable, income-producing asset (id:4555)