Key insights
This home is
7%
Time on Houseful
25 Days
School rated
5/10
Powassan
-14.33%
Highlights
Description
- Time on Houseful25 days
- Property typeMulti-family
- Median school Score
- Mortgage payment
Investment Opportunity in the Heart of Powassan! Welcome to 9 Fairview Lane-an updated, income-producing gem with historic charm and modern potential. This stately 6-bedroom, 6-bathroom home is currently tenanted and generating a solid 6% cap rate. Each spacious bedroom features its own ensuite bath, making it an ideal setup for continued rental income or a seamless transition into a licensed Bed & Breakfast, thanks to RU-10 zoning. Over the past 5 years, major upgrades have been completed: new natural gas furnace, full electrical rewire, all new plumbing, windows, and septic system. The roof was replaced just 2 years ago, leaving peace of mind for years to come. With over 3,200 sq. ft. above grade and a third-floor finished loft space, there's room to grow or reimagine the layout. Situated on a generous 1.2-acre lot, this is a rare chance to own a turnkey asset with character, cash flow, and flexibility. (id:63267)
Home overview
Amenities / Utilities
- Heat source Natural gas
- Heat type Forced air
- Sewer/ septic Septic system
Exterior
- # total stories 2
- # parking spaces 10
Interior
- # full baths 5
- # half baths 1
- # total bathrooms 6.0
- # of above grade bedrooms 6
Location
- Community features Community centre
- Subdivision Powassan
- Directions 2170771
Overview
- Lot size (acres) 0.0
- Listing # X12236549
- Property sub type Multi-family
- Status Active
Rooms Information
metric
- 2nd bedroom 3.6m X 3.37m
Level: 2nd - Bathroom 2.13m X 2.43m
Level: 2nd - Bathroom 2.43m X 2.13m
Level: 2nd - 3rd bedroom 3.68m X 3.86m
Level: 2nd - Bathroom 2.13m X 2.43m
Level: 2nd - Bathroom 2.43m X 2.13m
Level: 2nd - 4th bedroom 3.17m X 3.68m
Level: 2nd - Bedroom 3.65m X 3.02m
Level: 2nd - 2nd bedroom 3.37m X 3.35m
Level: 3rd - Sitting room 3.32m X 2.18m
Level: 3rd - Bedroom 3.37m X 3.35m
Level: 3rd - Bathroom 3.37m X 3.04m
Level: 3rd - Living room 6.12m X 3.53m
Level: Main - Mudroom 4.67m X 4.16m
Level: Main - Bathroom 1.21m X 1.52m
Level: Main - Dining room 4.8m X 3.58m
Level: Main - Laundry 3.04m X 1.77m
Level: Main - Kitchen 4.72m X 4.77m
Level: Main
SOA_HOUSEKEEPING_ATTRS
- Listing source url Https://www.realtor.ca/real-estate/28501650/9-fair-view-lane-powassan-powassan
- Listing type identifier Idx
The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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