Here is your chance to pick up a great investment opportunity with this 12-year-old 4-plex, only minutes from Middleton. Have you been searching for a 4-plex property with solid financial return and good solid rental history? Properties like this rarely come to the market, so this could be the one you are looking for great location, wheelchair accessibility is ensured by designing each unit with accessibility in mind, individuals with different abilities can live more independently and comfortably by recreating space where everyone can thrive and feel safe. The property is centrally located in a high-traffic area with plenty of room to expand on this 39,181 sq ft lot with the opportunity to build another 4-plex unit. The property is within walking, biking or driving distance to all amenities - grocery store, shop, liquor store, gas station, building supply retailer, restaurant and popular coffee shop, hospital, located on the Kings Transit Route. The level graveled yard has plenty of parking and other development opportunities. FOUR ground-level units, each with 2 bedrooms, a large bathroom, open concept living area. All units come with single-wide garages and are luxuriously appointed with laminate floors and porcelain tile, wheelchair accessible, smudge-proof stainless steel appliances, hot water radiant in-floor heating, vinyl siding and privacy fences between units at the rear of the building, patio platforms at the back and back entrance doors to each unit.
FROM MIDDLETON TAKE BRIDGE STREET TO NICTAUX ROAD PROPERTY ON THE LEFT HAND SIDE
Listing Sub-Area:
Annapolis County
Property Type:
Multi-Family
Multi-Family Type:
Fourplex
Title To Land:
Freehold
Building Dimenions:
TBA
Lot Size:
0.9 acre(s)0.36 hectare(s)
Prop Size:
0.5 to 0.99 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
4
Year built:
2013
(Age: 12)
Age:
12
# Floors:
1
Exterior Finish:
Vinyl
Foundation:
Insulated Concrete, Slab
Basement:
None
Floor Finish:
Laminate, Porcelain
Roof:
Asphalt Shingle
Heating:
In Floor
Fuel:
Electric
Garage Description:
SINGLE ATTACHED INSULATED WIRED PER UNIT
Parking:
Yes
Parking Description:
GRAVEL DRIVEWAYS
Driveway:
Double, Gravel
Water Supply:
Drilled Well
Water And Sewage:
2500.00 APPROX
Sewer:
Municipal
Num Units:
4
Num 2 Bed Units:
4
# Of Dishwashers:
4
# Of Fridges:
4
# Of Microwaves:
4
# Of Stoves:
4
Rental Income:
Yes, 71114.52
Laundry Income:
0
Other Income:
0
Approx. Net Income:
$57092.52
Insurance Expense:
4300.00 APPROX
Taxes Costs:
4522.00
Other Costs:
N/A
Management expense:
N/A
Snow / Garbage Collection:
1500.00 LAWNS AND SNOW REMOVAL
Heating Bill:
N/A
Electricity Bill:
N/A
Approx. Total Expense:
14,022 APPROX
Approx. Total Income:
71114.52
4-FRIDGES, 4 STOVES, 4 DISHWASHERS, 4 MICRO WAVE RANGES AS IS WHERE IS ON AFTER CLOSING DATE
Golf Course, Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Place of Worship
Listed by ViewPoint Realty Services Inc.(Greenwood)
Data was last updated July 22, 2025 at 05:20 PM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$487,450
Min list price:
$135,000
Max list price:
$1,275,000
Avg days on market:
55
Min days on market:
1
Max days on market:
384
These statistics are generated based on the current listing's property type
and located in
Annapolis County. Average values are
derived using median calculations. This data is not produced by the MLS® system.