$900,000

Fourplex

275 Bridge Street, Carleton Place, ON

23 DAYS

5,000

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Listed by INNOVATION REALTY LTD.

Property Highlights

Garage

4 spaces

Property Tax

$4,984/yr

Lot Size

10,159 sqft

Style

2-Storey

Basement

Crawl Space

Monthly Cost

$4,216/mo

About This Home

FOURPLEX! Welcome to 275 Bridge Street! Experience an exceptional investment opportunity in the thriving, family-friendly community of Carleton Place. This fourplex offers four spacious, well-designed 3-bedroom units, each featuring in-suite laundry for ultimate convenience. The current rental details: Unit 1: $1,800/month; Unit 2: $883/month; Unit 3: $1,185/month; Unit 4: $1,185/month with a lot of room for future growth. Tenants are responsible for their own utilities, contributing to an impressive annual cash flow of $44,378. Property Features for each unit: Furnace, Hot Water Tank, Separate Hydro Meter, 1 car garage and 1 exterior parking space. 100-amp electrical service for each unit. Ideally situated in a prime area with easy access to Highway 417, this fourplex is also conveniently close to schools, parks, trails, the river, and all the amenities that make Carleton Place so desirable. Don't miss the opportunity to invest in a property with such strong potential in one of the region's most sought-after neighborhoods!

Monthly Cost

Monthly Mortgage$3,800

Property Tax ($4,984/yr)$415

Total$4,215

Price & Listing History

Schools

Location

Tap to view full map

Rooms

mft

Main Level

Foyer: 3.01m × 1.60m

Living Room: 4.26m × 3.83m

Foyer: 3.35m × 2.28m

Living Room: 4.91m × 3.96m

Dining Room: 4.37m × 3.65m

Kitchen: 4.13m × 3.30m

Living Room: 4.27m × 3.65m

Kitchen: 4.11m × 2.82m

Kitchen: 4.97m × 3.81m

Kitchen: 4.25m × 3.99m

Living Room: 4.11m × 3.71m

Foyer: 3.65m × 2.76m

Dining Room: 4.29m × 3.82m

Dining Room: 4.25m × 3.90m

Foyer: 3.96m × 2.69m

Dining Room: 4.27m × 3.85m

Second Level

Bedroom 3: 4.13m × 3.30m

Primary Bedroom: 4.26m × 4.15m

Primary Bedroom: 4.27m × 4.25m

Primary Bedroom: 4.48m × 4.00m

Bedroom 3: 4.49m × 3.36m

Sitting: 2.12m × 2.08m

Bedroom 2: 3.16m × 3.00m

Bedroom 2: 4.39m × 3.63m

Bedroom 2: 4.11m × 2.94m

Bedroom 3: 4.11m × 2.92m

Primary Bedroom: 4.42m × 4.06m

Bedroom 2: 4.43m × 3.91m

Third Level

Bedroom 3: 3.65m × 3.01m