About 23 Queen Street
Welcome to 23 Queen Street in the heart of Lindsay-an exceptional opportunity to acquire a turn-key, fully occupied detached fourplex offering an attractive 8% cap rate and approximately 2,600 sq. ft. of living space. Meticulously maintained inside and out, this impressive two-storey investment property features approximately 9-foot ceilings on the main floor, a welcoming front veranda, side deck and three parking spaces. The four units include a main-floor one-bedroom apartment with a 3-piece bathroom, approximately 600 sq. ft.; an upper-level two-bedroom apartment with a loft and 4-piece bathroom, approximately 1,100 sq. ft.; a rear one-bedroom apartment overlooking the neighbouring parkette with a 3-piece bathroom, approximately 440 sq. ft.; and a lower-level two-bedroom apartment with a 3-piece bathroom, approximately 456 sq. ft. Each unit is equipped with a fridge and stove, while tenants provide their own air-conditioning units, helping reduce the landlord's maintenance responsibilities. Individual waste and recycling bins are also allocated to each unit for added convenience. Fully occupied by excellent tenants, with annual fire inspections completed and the property maintained to current standards, this is an ideal addition to any investment portfolio. It also offers an excellent owner-occupancy opportunity, allowing a purchaser to live in one unit while rental income from the remaining units helps offset housing expenses. Conveniently situated adjacent to a park for added privacy and quiet enjoyment, just three blocks from vibrant downtown Lindsay and close to shops, restaurants, schools, groceries, Ross Memorial Hospital, riverfront walking paths and the year-round Victoria Rail Trail. Minutes from Sturgeon Lake, Ken Reid Conservation Area and major routes connecting to Peterborough, Durham, York Region and the GTA. (id:6289)
More Info on this Lindsay Multi-Family MLS® listing
23 Queen Street is a multi-family listing for sale in Kawartha Lakes (Lindsay). The MLS® number is X13556496. It covers 2,600 square feet. It's currently listed for $759,000. For more details on MLS® X13556496, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This multi-family listing in Lindsay is available now!
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Have a similar home to 23 Queen Street? If you’re thinking about selling your Lindsay multi-family property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Kawartha Lakes (Lindsay) property.
