4 UNIT RENTAL

67-69 Water St S, St Marys | $915,000

Two 3 bedroom Units | two 1 bedroom units | 4 Separate meters

A solid brick fourplex offering a reliable income stream with significant upside potential. The property includes two main-floor one-bedroom units, each featuring in-suite laundry, a bright rear sunroom, and access to a private deck. At the back of the property you’ll find dedicated parking for tenants, along with a small storage shed.

The upper units span the second and third storeys and each provides three bedrooms, in-suite laundry, and its own forced-air gas furnace and central air system. All four units are separately metered for water, gas, and hydro, making ongoing management straightforward.

The building has been well cared for, highlighted by a durable steel roof. Two hot water heaters are owned and two are on rental agreements through Reliance. All tenants have been long-term, with room for rent growth over time.

This is a strong opportunity to add a stable and well-structured multi-residential asset to your portfolio in a desirable small-town setting.