57 Baldwin Street, Tillsonburg, Ontario

$689,000

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8

Beds

3,351

Square feet

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.\r\n\r\nThe 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.\r\n\r\nIn 2009, the front units were extensively renovated, taken down to the studs, and rebuilt to code, featuring new vinyl windows, \r\nseparately 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.\r\n\r\nBuyer to assume all tenants.\r\n\r\nThis impeccably maintained property is ready to meet a variety of needs?don't miss this exceptional investment opportunity! (id:36535)

Features of 57 Baldwin Street

Listing # X10744950
Price $689,000
Bedrooms 8
Bathrooms 0.00
Square Footage 3,351
Acres 0.00
Type Business

Community Information

Address 57 Baldwin Street
Subdivision Tillsonburg
City Tillsonburg
Province Ontario
Postal Code N4G2K4

Amenities

Amenities Public Transit, Recreation, Hospital
Features Laundry- Coin operated
Parking Spaces 7
Parking Garage
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Appliances Dryer, Stove, Washer, Refrigerator
Heating Natural gas Baseboard heaters
Cooling Partially air conditioned
Fireplace No
Has Basement No

Exterior

Exterior Brick
Lot Description 50 x 145.4 FT ; L-Shaped Lot - driveway off Racoon Alley|under 1/2 acre

Listing Details

OfficeCourtesy Of Lindsay Morgan-Jacko and Barbara Morgan Of Re/Max a-b Realty Ltd Brokerage

Listing Map