$739,900
Available - For Sale
Listing ID: X12826554
18 Oak Street , Kawartha Lakes, K0M 1N0, Kawartha Lakes
| Rare 5-Plex in the heart of Fenelon Falls! This income-producing property features 5 x 1-Bed Units generating $6,856/month and $82,272 annually, with upside to $102,000. A prime investment offering turnkey income with separate entrances, hydro meters, and plenty of parking. Located on historic Oak Street beside. Three fully furnished units allow you to maximize income, ideal for short or long-term tenants. Spanning over 3300sf, the property features separate hydro meters, six parking spaces, a master key system with smart locks for seamless management, and over $100k in upgrades over the last 5 years. Recent updates include kitchens, baths, and modern finishes, with Units 1, 4, and 5 fully updated and furnished. Tenants pay their own electric heat and hydro, keeping utilities low. Upgrades include windows, plumbing, some kitchens, baths, flooring, and heat pumps (2023) for Units 4 and 5, complementing the existing electric baseboard heating. Coin laundry is available in the basement. Situated steps from downtown Fenelon Falls, this property boasts stunning views of the Trent-Severn Locks and is close to all major amenities. Financials available upon request. |
| Price | $739,900 |
| Taxes: | $3598.18 |
| Occupancy: | Tenant |
| Address: | 18 Oak Street , Kawartha Lakes, K0M 1N0, Kawartha Lakes |
| Acreage: | < .50 |
| Directions/Cross Streets: | Oak / Water |
| Rooms: | 24 |
| Bedrooms: | 5 |
| Bedrooms +: | 1 |
| Family Room: | T |
| Basement: | Partially Fi, Full |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 3 | Second |
| Washroom Type 4 | 4 | Third |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | Main |
| Washroom Type 7 | 4 | Second |
| Washroom Type 8 | 3 | Second |
| Washroom Type 9 | 4 | Third |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 4 | Main |
| Washroom Type 12 | 4 | Second |
| Washroom Type 13 | 3 | Second |
| Washroom Type 14 | 4 | Third |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 4 | Main |
| Washroom Type 17 | 4 | Second |
| Washroom Type 18 | 3 | Second |
| Washroom Type 19 | 4 | Third |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 4 | Main |
| Washroom Type 22 | 4 | Second |
| Washroom Type 23 | 3 | Second |
| Washroom Type 24 | 4 | Third |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 4 | Main |
| Washroom Type 27 | 4 | Second |
| Washroom Type 28 | 3 | Second |
| Washroom Type 29 | 4 | Third |
| Washroom Type 30 | 0 | |
| Washroom Type 31 | 4 | Main |
| Washroom Type 32 | 4 | Second |
| Washroom Type 33 | 3 | Second |
| Washroom Type 34 | 4 | Third |
| Washroom Type 35 | 0 | |
| Washroom Type 36 | 4 | Main |
| Washroom Type 37 | 4 | Second |
| Washroom Type 38 | 3 | Second |
| Washroom Type 39 | 4 | Third |
| Washroom Type 40 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Multiplex |
| Style: | 3-Storey |
| Exterior: | Board & Batten , Other |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 6 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 3000-3500 |
| Property Features: | Beach, Lake Access |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Wall Unit(s |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Keller Williams Edge Realty |
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Kawartha Lakes |
| Municipality: | Kawartha Lakes |
| Neighbourhood: | Fenelon Falls |
| Style: | 3-Storey |
| Approximate Age: | 100+ |
| Tax: | $3,598.18 |
| Beds: | 5+1 |
| Baths: | 5 |
| Fireplace: | Y |
| Pool: | None |
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