510 Valois Drive, Mattawa

Want a cash flowing property with room to lift value further? This building currently is zoned for 8 residential apartments but room to build 2 more 1 bedroom apartments inside the existing unused space with a rezoning application from the town of Mattawa. Unit 4 is also under rented for additional lift. Most units have been upgraded to some degree and have great tenants in place. weeping tile done on north and east side in 2023 resolving water penetration, original building has rock foundation and the addition built in approx 1987. Double garage with a large shed like structure attached to it at the rear of the property. Rents are all inclusive but each unit has its own hydro panel. 2 furnaces, 2 AC, 2 hot water on demand rental units, shingles in great shape but age unknown and right beside new OPP station. Beer store, downtown, food and LCBO within walking range and bonus Mattawa river within a couple blocks of the building also. (id:1945)