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590 King Street Woodstock, Ontario N4S 1N3

5 Bedroom 2 Bathroom 2070
Window Air Conditioner Forced Air

$800,000

** Serious Investors Only*** Legal non conforming duplex. High Level Rents! Updated throughout, new flooring, new kitchens and bathrooms as well as new outdoor living space and beautiful curb appeal with the stunning landscaping front and back. Upper and lower units are very spacious with each having their own separate entrance and private patios. Upper unit consists of three bedroom, one bathroom and the lower unit is complete with 1+1 Bedroom and 1-1/2 baths. Trendy current finishing touches from top to bottom inside and out. Turn-key with high level rents fantastic opportunity with great cash flow even in this hot market. Tenant pays hydro, this property is very hands off and it delivers a low maintenance, great opportunity to get invested into multifamily ownership. It is located in a thriving neighbourhood nestled downtown Woodstock. It is a desirable location walking distance to many amenities: doctors, pharmacy, gym, grocery, transit hub and more! Both units have in-unit laundry and AC mobile units. Reach out to us today to get a full package on this property. Don't miss this fantastic add on to your portfolio. CAP rate at 5.26% CAP leaves $1,128 Cash flow per month after mortgage payment and All Expenses (property management fee (hands off property), insurance, heat, top of the line maintenance of the grounds, water and taxes). Showings only available Mondays and Fridays 4:00pm - 8:00 pm or anytime Saturdays & Sundays (id:46857)

Property Details

MLS® Number 40154244
Property Type Multi-family
Amenities Near By Golf Nearby, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Communication Type High Speed Internet
Community Features Community Centre
Features Park/reserve, Golf Course/parkland
Parking Space Total 5

Building

Bathroom Total 2
Bedrooms Total 5
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1915
Construction Material Wood Frame
Cooling Type Window Air Conditioner
Exterior Finish Brick, Wood
Fire Protection Smoke Detectors
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 2070
Type Duplex
Utility Water Municipal Water

Parking

Attached Garage

Land

Access Type Highway Access, Highway Nearby
Acreage No
Land Amenities Golf Nearby, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Frontage 45 Ft
Size Total Text Under 1/2 Acre
Zoning Description R2 - Legal Non Conforming Duplex

Utilities

DSL* Available

https://www.realtor.ca/real-estate/23631070/590-king-street-woodstock

Interested?

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