Fourplex · For sale
4494 River Road, Horton
$499,000
Listing brokerage: PAUL RUSHFORTH REAL ESTATE INC. · MLS® X14094346
Property report for this address · zoning, second units, flood, schools (public records)
- Listing brokerage
- PAUL RUSHFORTH REAL ESTATE INC.
- Type
- Fourplex
- Deal
- For sale
- Category
- Residential · Multi-unit homes
- Bedrooms
- 10
- Bathrooms
- 6
- Size
- 3000-3500 sq ft
- Lot
- 355.82 x 240 ft
- Area
- 544 - Horton Twp
- MLS® number
- X14094346
Description
OPPORTUNITY KNOCKS!! LEGAL 4PLEX - INVESTMENT PROPERTY on STUNNING 2.1 ACRE WATERFRONT PROPERTY with BEACH on the shores of the Ottawa River, just outside Renfrew. Exceptional property for potential future redevelopment or continued long term use for investment with a LUCRATIVE 9% CAP RATE. The current building is a Legal FOUR-PLEX (+ 2 non-conforming units). Loads of opportunity for the right Buyer... RENTS (all inclusive) aprx. $78,955.92 per annum. Units 1,2,3,4,6 tenant occupied, unit 6 FULLY RENOVATED and move in ready. 2 car garage currently vacant - landlord use only. 2 NEW PROPANE FURNACES and 1 NEW AC (2025). Please do not visit the property without a booked showing appointment.
The information provided herein is deemed reliable but is not guaranteed accurate by PROPTX.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.