48 Madoc St
Marmora and Lake, K0K 2M0
FOR SALE
$624,800
Sold
$590,000
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4 + 2
BEDROOMS4
BATHROOMS2 + 2
KITCHENS8 + 6
ROOMSX7257638
MLSIDContact Us
Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-10-30 | 2023-11-03 | 4 | $624,800 | $590,000 | Sold |
2023-09-15 | 2023-10-30 | 45 | $649,800 | - | Terminated |
2012-01-06 | 2012-03-06 | 60 | $399,000 | - | Expired |
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Property Description
Investors dream! Well-maintained 2005 purpose-built fourplex with over 3500 sq ft of finished space. Two 2-bedroom units and two 1-bedroom units, each with separate walkouts to private decks. Upper and lower levels feature their own laundry rooms. Individual heat & hydro for each suite (tenants pay). A+ senior tenants, property shows (and smells) wonderful! Perfect as a passive wealth builder, and cash flow machine as tenants turnover. Massive 90' X 196' lot, potential for garden suite, a larger multi-res, or storage? (buyer to confirm). This property is on a quite street, in up and coming Marmora and Lake (approx 45 mins to Peterborough and Belleville). Municipal sewers, water, and gas. Roof 2022, 4X ACs 2023, 5 owned HWTs (newer).
Extras
See Virtual Tour for full 3D Walkthrough of common areas and all 4 units. Unit 4 will be vacant/available soon. 3 long term senior tenants are A+ (clean, never missed rent). Home Inspection available upon request.
Property Features
Park, Place Of Worship, School, Sloping
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Property Details
Street
City
Property Type
Fourplex, Bungalow-Raised
Approximate Sq.Ft.
3500-5000
Lot Size
90' x 196'
Fronting
South
Taxes
$4,207 (2023)
Basement
Apartment, Fin W/O
Exterior
Brick Front, Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
8
Driveway
Private
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Upper | 17.52' x 17.45' | Combined W/Dining, W/O To Deck, Hardwood Floor |
Kitchen | Upper | 8.20' x 8.20' | Double Sink, Hardwood Floor |
Prim Bdrm | Upper | 9.48' x 12.43' | Double Closet, Ceiling Fan, Hardwood Floor |
2nd Br | Upper | 9.48' x 9.38' | Closet, Ceiling Fan, Hardwood Floor |
Living | Upper | 17.45' x 20.77' | Combined W/Dining, W/O To Deck |
Kitchen | Upper | 8.01' x 8.01' | Double Sink |
Prim Bdrm | Upper | 9.48' x 12.11' | Double Closet |
2nd Br | Upper | 9.48' x 9.55' | Closet |
Living | Lower | 18.27' x 24.48' | Combined W/Dining, W/O To Deck, Laminate |
Kitchen | Lower | 7.84' x 7.91' | Double Sink |
Living | Lower | 17.72' x 24.84' | Combined W/Dining, W/O To Deck |
Kitchen | Lower | 7.84' x 7.91' | Double Sink |
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