Property type
Multiplex
Lot size
N/A
Style
2 1/2 Storey
Approx. Area
N/A
Room Type | Dimension (length x width) | Features | Level |
---|---|---|---|
Mud Room | 4.67 x 4.16 m | N/A | Main |
Kitchen | 4.72 x 4.77 m | N/A | Main |
Laundry | 3.04 x 1.77 m | N/A | Main |
Living Room | 6.12 x 3.53 m | N/A | Main |
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 5-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.
Last updated
1 day ago
Virtual tour
None
Basement information
Unfinished
Building size
--
Status
In-Active
Property sub type
Multiplex
Maintenance fee
$N/A
Year built
--
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