4 South Main Street photo 11 / 20

MLS #1297551

4 South Main Street

Deer Lake

$199,000

6 Beds
3 Baths
2,224 sqft
Multi-family
Source Listing

Property Details

Welcome to this three unit investment property located in the heart of townsite, just steps away from all amenities including shopping, schools, recreation and more. Situated on a generous 60x186 lot, this property offers excellent potential for future expansion or further development. Inside you will find three units including a main floor three bedroom/one bathroom unit, a two bedroom/one bathroom unit and an upstairs cozy one bedroom apartment - providing a great income potential for investors or those looking to offset their mortgage with rental income. The exterior has had major upgrades approximately seven years ago, including new windows, shingles and siding - offering peace of mind for years to come. Whether your looking to expand your investment portfolio or step into an income producing property in a prime location, this is an opportunity you won't want to miss. Call today to arrange your viewing or for more information! As per attached Sellers Direction Re: Offers - no offers to be presented until May 25th at 1:00pm and left open unitl 6:00pm on May 25th, 2026. (id:66441)

Cost To Own

Down payment and monthly ownership estimate

Start with the listing price, then adjust the financing and monthly carrying costs for a practical estimate.

Purchase Price$199,000
Down Payment - 5%$9,950
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$1,774

Mortgage Payment
$1,133
Property Tax
$141
Insurance
$150
Utilities
$350
Down Payment
$9,950
Loan Amount
$189,050
Total Interest
$150,813

Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.

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