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 $45,529. Property Features for each unit: Furnace, Hot Water Tank, A/C, 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!
Address
275 Bridge Street
List Price
$900,000
Property Type
Residential Freehold
Type of Dwelling
Fourplex
Style of Home
2-Storey
Area
Carleton Place
Sub-Area
909 - Carleton Place
County
Lanark
Bedrooms
12
Bathrooms
5
Floor Area
5000 + Sq. Ft.
Lot Size Source
MPAC
Lot Depth
105
Lot Size Units
Feet
Lot Width
96.75
MLS® Number
X12100363
Listing Brokerage
INNOVATION REALTY LTD.
Basement Area
Crawl Space
Postal Code
K7C 3H5
Parking
Private
Parking Places (Total)
8
Tax Amount
$4,759.00
Tax Year
2024
Interior Features
Separate Hydro Meter
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Vinyl Siding
Direction Faces
West
Foundation Details
Stone
Garage Type
Detached
Kitchens Total
4
Pool Features
None
Roof
Asphalt Shingle
Sewer
Sewer
