226 Railway Street, Bonfield, Ontario

About 226 Railway Street

Excellent investment opportunity in Bonfield! This four plex features four residential units, consisting of three 2 bedroom units, and one bachelor unit . Two of the 2 bedroom units are currently tenanted, providing rental income of from day one. The remaining 2 bedroom unit and bachelor unit require completion of renovations, offering an opportunity for investors to add value, complete the improvements, and maximize the property's rental potential. Ideal for investors looking to expand their portfolio and increase future income potential. Explore the possibilities this multi unit property has to offer! Annual expenses are $8543.02. Tenant in Unit 2 pays $1650 / month but carries out snow removalAnd lawn care, water filters and UV , and basic maintenance to the property. Unit 4 pays $1850 per month. Unit 1 & 3 are requiring renovation but could potentially generate even greater cashflow, or live in one unit, and generate rental income from the others to help cover your mortgage and living expenses! (id:6289)

More Info on this Bonfield Fourplex MLS® listing

226 Railway Street is a fourplex listing for sale in Bonfield. The MLS® number is X14095578. It features 7 bedrooms, 4 bathrooms. It's currently listed for $375,000. For more details on MLS® X14095578, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This fourplex listing in Bonfield is available now!

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