153-157 Birch Street Garson, Ontario P3L 1B3

$799,900

Rare investment opportunity in Garson! Four rental units, multiple income streams, and excellent potential to increase cash flow make this a property worth a closer look. Featuring a triplex and a separate house on one lot, this versatile investment includes four hydro meters, four gas meters, two driveways, and in-suite laundry in every unit. Tenants pay their own heating and electricity costs, helping keep operating expenses manageable. The triplex consists of two street-facing one-bedroom units and an upper-level three-bedroom unit, while the detached house offers an additional one-bedroom unit. The property has been exceptionally well maintained, with numerous upgrades completed over the years. All four units are currently rented below their potential market rent, offering a new owner the opportunity to increase rental income over time as rents and tenancies allow. Commercial zoning adds another layer of potential, with the property's street-facing exposure presenting possibilities for a café, retail space, personal services, or another business concept (buyer to verify permitted uses, zoning requirements, and any necessary approvals). Whether you're an experienced investor or looking to get into the market, this is an opportunity to generate rental income, build equity, and unlock future value. With four units, separate utilities, and room to grow, this property offers the potential to build your investment portfolio while possibly having a place to call home. (id:47351)

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https://www.realtor.ca/real-estate/30417329/153-157-birch-street-garson