30 Foell Street Baden, Ontario N3A 2L2

6 Bedroom 4 Bathroom 2,660 sqft
None Forced Air

$898,000

A rare chance to own a fully tenanted, income-producing fourplex backing onto open farmland. Two 2-bedroom units and two 1-bedroom units, every one occupied and generating revenue from day one. Pride of ownership shows throughout this property, and the heavy lifting is done. Unit 1 was completely refreshed this year with a new kitchen, new bathroom, luxury vinyl plank flooring, new doors, fresh paint, and new appliances. The remaining three units have all been renovated in recent years, including updated kitchen cabinetry, countertops, and modern laminate and vinyl flooring. The big-ticket items are covered too: a durable metal roof, updated windows throughout the main levels, a gas water heater installed in 2020, and a parking lot freshly paved in 2022 with two spaces per unit for a total of eight spots. Smart mechanics make this an easy hold. Each unit runs on its own breaker panel, and tenants pay their own hydro while the landlord covers water and gas. Coin-operated laundry in the shared basement adds a bonus income stream. House-hackers, take note: live in one unit and let the other three carry the mortgage. Set on a sought-after dead end street along a Grand River Transit route, with quick access to the city and farmland views out back. Immediate possession with tenants in place. Opportunities like this rarely surface. (id:62616)

Property Details

MLS® Number 40845007
Property Type Multi-family
Amenities Near By Place Of Worship, Playground, Schools
Community Features Quiet Area, Community Centre
Features Cul-de-sac, Conservation/green Belt, Paved Driveway, Laundry- Coin Operated, Sump Pump
Parking Space Total 8
Structure Shed

Building

Bathroom Total 4
Bedrooms Total 6
Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1890
Cooling Type None
Exterior Finish Aluminum Siding, Brick
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2,660 Sqft
Type Fourplex
Utility Water Municipal Water

Parking

Open

Land

Acreage No
Land Amenities Place Of Worship, Playground, Schools
Sewer Municipal Sewage System
Size Depth 127 Ft
Size Frontage 94 Ft
Size Total Text Under 1/2 Acre
Zoning Description Z2a

https://www.realtor.ca/real-estate/30043225/30-foell-street-baden

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