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57 BALDWIN Street Image 1

$689,000

$725,000
5.0% dropped

Last price change Oct 17, 2024

Aug 12, 2024Investment For Sale
bedrooms8bed
washrooms0bath
MLS - #X10744950

57 BALDWIN Street, Tillsonburg, ON N4G 2K4

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Average Price
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Property Description

Property type

Investment

Lot size

< .50 acres

Style

Approx. Area

N/A

About 57 BALDWIN Street

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!

Home Overview

Last updated

4 days ago

Virtual tour

None

Basement information

Building size

3351

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

2024

Listed by Re/Max a-b Realty Ltd Brokerage

Additional Details

Basement:N/A
Cooling:Partial
Heating:Baseboard
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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