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)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | T12481308 |
| Property Type | Multi-family |
| Community Name | Matheson |
| Parking Space Total | 6 |
| Age | 51 To 99 Years |
| Appliances | Microwave |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 4,800 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 131 Ft |
| Size Frontage | 65 Ft |
| Size Irregular | 65 X 131 Ft |
| Size Total Text | 65 X 131 Ft |
| Zoning Description | M1 |
https://www.realtor.ca/real-estate/29030658/420-fifth-avenue-black-river-matheson-matheson-matheson
Kelly Maclean
Salesperson
(705) 264-5364
Owning a home is a keystone of wealth… both financial affluence and emotional security.