Charming Fourplex Investment Opportunity in Cumberland Village! Located in the serene and picturesque setting of Cumberland Village, this spacious fourplex offers a fantastic investment opportunity with decent rental income & long-term tenants. The building consists of four self-contained units, each designed for comfort and functionality. Each apartment features a combined living/dining area, an eat-in kitchen, two bedrooms, 4-piece bathroom, in-unit laundry & comes w/ an outdoor parking space plus a dedicated shed for additional storage. The two main-floor units each enjoy a private fenced patio off the kitchen, while the two upper-level units have their own private decks, offering tree-lined views and a peaceful outdoor retreat. Set on a large, tree-surrounded lot next to a quaint park, the property provides a quiet country feel & only a 15 min drive to Orleans. Tenants enjoy ample outdoor space and privacy, along with additional parking for up to 10 vehicles in total, ideal for guests or multi-vehicle households. Upgrades Include: New Generac generator(24), Fridge in Apt #2(23), Fridge in Apt #3 (22), All kitchen windows(22), Bathroom windows in Apts #1 & #3(22), 2nd bedrm window in Apt #1(22), Deck(19), eavestrough(19), Pressure tank(19), All front living room windows (17), Well pump (15), Culligan water system(14), All appliances in Apt #4(11), All bedroom windows(11), Washer/dryer in Apt #2(10), All appliances in Apt #1(08), Washer/dryer in Apt #3(08), Septic bed(06), Roof(06), Rental Breakdown: Apt #1 (Owner occupied): $900/mth, Apt #2: $935/mth, Apt #3: $950/mth, Apt #4: $950/mth. Each tenant is month to month & pays their own heat and hydro costs, keeping operational expenses lower for the owner. The floor plan shown is for Apartment #1, reflecting the layout of each unit (similar). (id:6673)
| MLS® Number | X12241557 |
| Property Type | Multi-family |
| Community Name | 1115 - Cumberland Ridge |
| AmenitiesNearBy | Park |
| Features | Wooded Area, Lane |
| ParkingSpaceTotal | 10 |
| Structure | Shed |
| BathroomTotal | 4 |
| BedroomsAboveGround | 8 |
| BedroomsTotal | 8 |
| Age | 16 To 30 Years |
| Appliances | Water Treatment, Microwave, Stove, Washer, Refrigerator |
| CoolingType | Window Air Conditioner |
| ExteriorFinish | Vinyl Siding |
| FlooringType | Laminate |
| FoundationType | Slab |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 3500 - 5000 Sqft |
| Type | Fourplex |
| Acreage | No |
| LandAmenities | Park |
| Sewer | Septic System |
| SizeDepth | 515 Ft ,3 In |
| SizeFrontage | 173 Ft ,1 In |
| SizeIrregular | 173.1 X 515.3 Ft |
| SizeTotalText | 173.1 X 515.3 Ft |
| ZoningDescription | V3f[505r] Res Property W/four Self-contained Units |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Living Room | 3.34 m | 4.82 m | 3.34 m x 4.82 m |
| Main Level | Dining Room | 1.74 m | 3.16 m | 1.74 m x 3.16 m |
| Main Level | Kitchen | 3.77 m | 4.34 m | 3.77 m x 4.34 m |
| Main Level | Primary Bedroom | 3.66 m | 3.96 m | 3.66 m x 3.96 m |
| Main Level | Bedroom 2 | 3.45 m | 2.72 m | 3.45 m x 2.72 m |
| Main Level | Bathroom | 2.38 m | 1.69 m | 2.38 m x 1.69 m |
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Maz Karimjee
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