3 Bedroom
1 Bathroom
5,576 ft2
Forced Air
Lawn
$539,900
This fourplex property located at 1400 Argyle Street presents an exceptional investment opportunity with four townhouse units, set on a generous 100 x 125 corner lot. Each unit offers approximately 1,100 square feet of living space, with 3 bedrooms up, a full bathroom, all appliances including a dishwasher, & in-suite laundry. Three units are long-term tenants with fixed leases. Suite 1400 is being rented for May 1. The units offer a hybrid of some updates paired with some original features including banisters, wood flooring, doors & trim providing a feeling of character & charm. Upstairs, the bedrooms are a good sized (one bedroom does not have a closet), & the full bath is also a generous size. The basements feature below-grade concrete construction with brick above grade and provide a good clearance in the basement of approx. 6’. Structurally, the property appears to be in good shape & was purchased by the current owner in 2018. All basements are dry & offer brick partition walls between the suites (in the basement). The huge corner lot is 12,479 sq ft and showcases a 4 car garage (20x40) with in-floor heat & vinyl siding with lane access, vinyl fencing enclosing the backyard, individual decks for each unit, front verandas, & charming picket fence in the front. All appliances are included in the sale & tenants are in place till 2026 (one has been there over 10 years). Built in 1919, 1400 Argyle is a unique property that has undergone numerous updates, incl a new roof installed in 2016, water lines replaced to city connections in 2015, re-pointing of exterior brick in 2018, & minor updates here & there as needed. Alarm system in each unit. Location is close to schools, shopping, & more! Two water heaters are owned & two are rented. Two units have AC (1400 & 1412) & all furnaces are owned. This is a fabulous turn-key property & the opportunity to own & manage with the potential for a strong return on an investment (id:41462)
Property Details
MLS® Number |
SK002274 |
Property Type |
Single Family |
Neigbourhood |
Washington Park |
Features |
Treed, Corner Site, Lane |
Structure |
Deck |
Building
Bathroom Total |
1 |
Bedrooms Total |
3 |
Appliances |
Washer, Refrigerator, Dishwasher, Dryer, Stove |
Basement Development |
Unfinished |
Basement Type |
Full (unfinished) |
Constructed Date |
1919 |
Heating Fuel |
Natural Gas |
Heating Type |
Forced Air |
Size Interior |
5,576 Ft2 |
Type |
Fourplex |
Parking
Detached Garage | |
Parking Space(s) |
4 |
Land
Acreage |
No |
Fence Type |
Fence |
Landscape Features |
Lawn |
Size Irregular |
12479.00 |
Size Total |
12479 Sqft |
Size Total Text |
12479 Sqft |
Rooms
Level | Type | Length | Width | Dimensions |
---|
Second Level |
4pc Bathroom | |
5 ft ,8 in |
Measurements not available x 5 ft ,8 in |
Second Level |
Bedroom |
9 ft ,7 in |
12 ft ,11 in |
9 ft ,7 in x 12 ft ,11 in |
Second Level |
Bedroom |
9 ft ,11 in |
8 ft |
9 ft ,11 in x 8 ft |
Second Level |
Primary Bedroom |
9 ft ,7 in |
12 ft ,4 in |
9 ft ,7 in x 12 ft ,4 in |
Basement |
Other | | |
- x - |
Basement |
Laundry Room | | |
- x - |
Main Level |
Living Room |
13 ft |
12 ft |
13 ft x 12 ft |
Main Level |
Dining Room |
11 ft ,9 in |
13 ft ,1 in |
11 ft ,9 in x 13 ft ,1 in |
Main Level |
Kitchen |
7 ft ,9 in |
14 ft ,1 in |
7 ft ,9 in x 14 ft ,1 in |
Main Level |
Enclosed Porch |
4 ft ,3 in |
3 ft ,2 in |
4 ft ,3 in x 3 ft ,2 in |
Main Level |
Foyer |
6 ft ,6 in |
7 ft ,11 in |
6 ft ,6 in x 7 ft ,11 in |