Contact us about this property
Highlights
Estimated valueThis is the price Wahi expects this property to sell for.
The calculation is powered by our Instant Home Value Estimate, which uses current market and property price trends to estimate your home’s value with a 90% accuracy rate.Not available
Price/Sqft$206/sqft
Monthly cost
Open Calculator
Curious about what homes are selling for in this area?
Get a report on comparable homes with helpful insights and trends.
+9
Properties sold*
$525K
Median sold price*
*Based on last 30 days
Description
Welcome to your new investment property! This fantastic gem in beautiful Palmerston is easy investing at it's finest. A fully rented 5-plex is ready to be added to your portfolio. Each unit is fully self-contained with a fridge, stove, washer and dryer. Units 2,3,4 and 5 have long-term, reliable tenants who have been in place for the last 7+ years. Unit 1 was just rented out at today's market rent rate of $1,400/month. Brand new boiler system was installed in June of this year. Parking for up to 6 cars with a front and back parking pad. Nearby everything that Palmerstion has to offer. Plus, the property was approved for a 6th unit, permitted back in 2021, but was just never built (you can see the potentially outline for the new unit at the back of the home). This is an investors dream: fully tenanted, with stable and reliable tenants, a brand new heating system, and with the potential of a 6th unit, room to grow!
Property Details
Interior
Features
Ground Floor
Dining
4.24 x 3.28Kitchen
2.54 x 2.78Br
3.18 x 3.58Br
3.37 x 3.53Exterior
Features
Parking
Garage spaces -
Garage type -
Total parking spaces 6
Property History
43
