33 Melbourne Street W, Kawartha Lakes (Lindsay), Ontario

About 33 Melbourne Street W

Centrally located legal non-conforming brick 4-plex with potential gross rental income of $5,032/month, situated on a massive 80 x 188 ft potential double lot with excellent future potential. This charming 1.5-storey property offers approximately 3,300 sq ft of living space, plenty of original character, a double detached garage, parking for up to six vehicles, and additional basement storage.The unit mix includes a main-floor 1-bed, 1-bath apartment ($1,075/month); a spacious 4-bed, 1.5-bath apartment spanning the main and second floors ($2,095/month + 30% utilities); a lower-level 1-bed with kitchen ($862/month); and a lower-level bachelor with kitchen ($700/month). The two lower-level units share a bathroom. The vacant double detached garage offers estimated rental income of $300/month. All tenants have access to free shared laundry in the basement, along with additional storage space.Updates include roof (2019), windows (2020), two furnaces (one updated 2019), and a 200-amp breaker panel. Set along mature tree-lined Melbourne Street, just steps from downtown Lindsay and Kent Street shopping, dining, and everyday amenities. An excellent income-producing property with a strong existing rent roll, substantial lot size, and future potential. (id:6289)

More Info on this Lindsay Fourplex MLS® listing

33 Melbourne Street W is a fourplex listing for sale in Kawartha Lakes (Lindsay). The MLS® number is X14089814. It features 7 bedrooms, 4 bathrooms. It's currently listed for $599,900. For more details on MLS® X14089814, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This fourplex listing in Lindsay is available now!

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