48 MADOC ST, Marmora and Lake, Ontario, K0K2M0
Investors dream! Well-maintained 2005 purpose-built fourplex with over 3500 sq ft of finished space. Two 2-bedroom units and two 1-bedroom units, each with separate walkouts to private decks. Upper and lower levels feature their own laundry rooms. Individual heat & hydro for each suite (tenants pay). A+ senior tenants, property shows (and smells) wonderful! Perfect as a passive wealth builder, and cash flow machine as tenants turnover. Massive 90' X 196' lot, potential for garden suite, a larger multi-res, or storage? (buyer to confirm). This property is on a quite street, in up and coming Marmora and Lake (approx 45 mins to Peterborough and Belleville). Municipal sewers, water, and gas. Roof 2022, 4X ACs 2023, 5 owned HWTs (newer).**** EXTRAS **** See Virtual Tour for full 3D Walkthrough of common areas and all 4 units. UPDATE! One vacant unit as of Nov 1, 2023 (potential to improve income by $1100+) (id:2471)
- Property Address: 48 MADOC ST, Marmora and Lake, Ontario, K0K2M0
- Property Type: Single Family
- Lot Size: 90 x 196.4 FT
- Acreage: 90 x 196.4 FT
- Total Parking Spaces: 8
- Amenities Nearby: Park, Place of Worship, Schools
- Structure Style: Fourplex
- Storeys: 1
- Bedrooms: 4 + 2
- Bathrooms: 4-Total
- Basement Type: N/A (Finished)
- Heating Type: Electric, Baseboard heaters
- Cooling: Wall unit
- Exterior Type: Vinyl siding
|Living room||Lower level||7.46 m x 5.57 m|
|Kitchen||Lower level||2.41 m x 2.39 m|
|Living room||Lower level||7.57 m x 5.4 m|
|Kitchen||Lower level||2.41 m x 2.39 m|
|Living room||Upper Level||5.32 m x 5.34 m|
|Kitchen||Upper Level||2.5 m x 2.5 m|
|Primary Bedroom||Upper Level||3.79 m x 2.89 m|
|Bedroom 2||Upper Level||2.86 m x 2.89 m|
|Living room||Upper Level||6.33 m x 5.32 m|
|Kitchen||Upper Level||2.44 m x 2.44 m|
|Primary Bedroom||Upper Level||3.69 m x 2.89 m|
|Bedroom 2||Upper Level||2.91 m x 2.89 m|
Listing Office: OUR NEIGHBOURHOOD REALTY INC.
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