Designed with the concept of a private owner's suite at the rear, this exceptional 4-plex in downtown Tillsonburg offers unlimited potential. Whether you envision living in the spacious back unit while the rental income from the front three units covers your mortgage, or you're a savvy investor seeking an excellent opportunity, this property provides flexibility and convenience with walking access to numerous amenities. The back unit features a raised ranch layout with generous living space, two bedrooms, two bathrooms, a private laundry area, and a back patio overlooking a large yard ideal for summer relaxation. Meanwhile, the three front units are tenant-occupied and heated by electric heat, with tenants covering utility costs. In 2009, the front units were extensively renovated, taken down to the studs, and rebuilt to code, featuring new vinyl windows, separately metered plumbing and electrical systems, updated kitchens and bathrooms, new entry doors, and fire separations all inspected and approved. Additional updates include a new roof in 2016, new windows in the back unit in 2022, and a newly added asphalt pad (21' x 24') in front of the garage for added convenience. Buyer to assume all tenants. This impeccably maintained property is ready to meet a variety of needs don't miss this exceptional investment opportunity! (id:52316)
RE/MAX a-b Realty Ltd Brokerage
$639,000
57 BALDWIN STREET, Tillsonburg, Ontario
8 Bedrooms
5 Bathrooms
Property
MLS® Number: X12228794
Address: 57 BALDWIN STREET
City: Tillsonburg
Exterior: Brick, Aluminum siding
Utilities
Heating: Baseboard Heaters, Electric
Parking
Parking Spaces: 8
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Property Sale History
Travel and Neighbourhood
77/100Walk Score®
Very Walkable
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Location
