4494 River Road

Horton, ON K7V3Z8

About this property

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. (id:13843)

About this property

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. (id:13843)

Features and Additional Information

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$499,000 Active
3,000 sqft

Presented By Preferred Management

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License #RECO #4036190
Brokerage
PAUL RUSHFORTH REAL ESTATE INC.
1-613-788-2122
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Area Information

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$ 499,000
This listing is play_arrow 9.3% lower than the average in the area
$ 549,900 in the area
3,000 SqFt
This listing is play_arrow 172.7% larger than the average in the area
1,100 SqFt in the area
$ 166 $/SqFt
This listing is play_arrow 70.9% less than the average in the area
$ 572 $/SqFt in the area
5 days on site
This listing is play_arrow 93.4% below the average in the area
76 days on site in the area

Schools in the Area

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Listed By Angela (Angie) White
Brokerage: PAUL RUSHFORTH REAL ESTATE INC.

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