48
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$900,000
Est. payment /mo
12 Beds
5 Baths
New
275 Bridge ST Carleton Place, ON K7C 3H5
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision 909 - Carleton Place
MLS Listing ID X12100363
Style 2-Storey
Bedrooms 12
Annual Tax Amount $4,759
Tax Year 2024
Property Sub-Type Fourplex
Property Description
FOURPLEX! Welcome to 275 Bridge Street! Experience an exceptional investment opportunity in the thriving, family-friendly community of Carleton Place. This fourplex offers four spacious, well-designed 3-bedroom units, each featuring in-suite laundry for ultimate convenience. The current rental details: Unit 1: $1,800/month; Unit 2: $883/month; Unit 3: $1,185/month; Unit 4: $1,185/month with a lot of room for future growth. Tenants are responsible for their own utilities, contributing to an impressive annual cash flow of $45,529. Property Features for each unit: Furnace, Hot Water Tank, A/C, Separate Hydro Meter, 1 car garage and 1 exterior parking space. 100-amp electrical service for each unit. Ideally situated in a prime area with easy access to Highway 417, this fourplex is also conveniently close to schools, parks, trails, the river, and all the amenities that make Carleton Place so desirable. Don't miss the opportunity to invest in a property with such strong potential in one of the region's most sought-after neighborhoods!
Location
Province ON
County Lanark
Community 909 - Carleton Place
Area Lanark
Rooms
Family Room No
Basement Crawl Space
Kitchen 4
Interior
Interior Features Separate Hydro Meter
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Garage Spaces 4.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 96.75
Lot Depth 105.0
Total Parking Spaces 8
Building
Foundation Stone
Listed by INNOVATION REALTY LTD.