Description

Excellent investment opportunity in Kapuskasing, conveniently located in proximity to schools, the college, restaurants, and downtown amenities. Offering a total of 2,350 sq. ft., this multi-unit property features three separate units, with two units in the main front building and a third unit in a separate back building. The main building is 1,456 sq. ft. and has 2 units. Unit 1 on main floor and basement has 3 bedrooms and 1.5 bathrooms. Unit 2 on second floor has 2 bedrooms and 1 bathroom. The separate building is 894 sq. ft. and has Unit 3 with 1 bedroom and 1 bathroom. Each unit has its own private entrance, in-unit laundry hookups, separate hydro meters, and dedicated parking with an electrical plug-in for vehicles. Each unit is equipped with its own gas furnace. The property has one shared gas meter serving all three units and two owned hot water tanks. Recent exterior updates include both buildings' roofing completed in 2022, and front building's eavestroughs replaced in 2022. Unit 2 has also been modernized since the current owner. Outside, the property offers an asphalt and gravel driveway, parking for each unit, and a 14' x 10' shed at the rear for additional storage. With three separate units, individual entrances, and separate hydro meters, this property presents an excellent opportunity for investors looking to expand their portfolio in a convenient Kapuskasing location.

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