Investors Alert! Multiplex with 6 units, with good rental income. Situated in the downtown core of Matheson. Roof redone August 2025 with EPDM membrane (synthetic rubber membrane). 2 Furnaces in 2023 - one replaced and the other refurbished. Property has been regularly maintained and renovated over the duration of Seller's possession. Tenants have off street parking. Unfinished basement with separate entrance. It is a solid building with much potential. (id:23304)
| BusinessType | Residential |
| BusinessSubType | Apartments |
| MLS® Number | T12481308 |
| Property Type | Multi-family |
| Community Name | Matheson |
| ParkingSpaceTotal | 6 |
| Age | 51 To 99 Years |
| Appliances | Microwave |
| CoolingType | None |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 4800 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 131 Ft |
| SizeFrontage | 65 Ft |
| SizeIrregular | 65 X 131 Ft |
| SizeTotalText | 65 X 131 Ft |
| ZoningDescription | M1 |
https://www.realtor.ca/real-estate/29030658/420-fifth-avenue-black-river-matheson-matheson-matheson
Kelly Maclean
Salesperson
Owning a home is a keystone of wealth… both financial affluence and emotional security.