$590,000
$624,800
5.6%For more information regarding the value of a property, please contact us for a free consultation.
48 Madoc ST Marmora And Lake, ON K0K 2M0
6 Beds
4 Baths
Key Details
Sold Price $590,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 3500-5000
MLS Listing ID X7257638
Sold Date 01/08/24
Style Bungalow-Raised
Bedrooms 6
Annual Tax Amount $4,206
Tax Year 2023
Property Sub-Type Fourplex
Property Description
Investors dream! Well-maintained 2005 purpose-built fourplex with over 3500 sq ft of finished space. Two 2-bedroom units and two 1-bedroom units, each with separate walkouts to private decks. Upper and lower levels feature their own laundry rooms. Individual heat & hydro for each suite (tenants pay). A+ senior tenants, property shows (and smells) wonderful! Perfect as a passive wealth builder, and cash flow machine as tenants turnover. Massive 90' X 196' lot, potential for garden suite, a larger multi-res, or storage? (buyer to confirm). This property is on a quite street, in up and coming Marmora and Lake (approx 45 mins to Peterborough and Belleville). Municipal sewers, water, and gas. Roof 2022, 4X ACs 2023, 5 owned HWTs (newer).
Location
Province ON
County Hastings
Area Hastings
Zoning Multi-Residential
Rooms
Family Room No
Basement Apartment, Finished with Walk-Out
Kitchen 4
Separate Den/Office 2
Interior
Cooling Wall Unit(s)
Exterior
Parking Features Private
Pool None
Lot Frontage 90.0
Lot Depth 196.4
Total Parking Spaces 8
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