4494 RIVER ROAD, Horton

$499,000

For sale: Multiplex

Multiplex at 4494 RIVER ROAD, Horton
Property type
Fourplex
Bedrooms / bathrooms
10 bedrooms, 6 bathrooms
Living area
3,500 sqft
MLS®
MLS® X14094346
Neighbourhood
544 - Horton Twp

OPPORTUNITY KNOCKS!! LEGAL 4PLEX - INVESTMENT PROPERTY on STUNNING 2.1 ACRE WATERFRONT PROPERTY with BEACH on the shores of the Ottawa River, just outside Renfrew. Exceptional property for potential future redevelopment or continued long term use for investment with a LUCRATIVE 9% CAP RATE. The current building is a Legal FOUR-PLEX (+ 2 non-conforming units). Loads of opportunity for the right Buyer... RENTS (all inclusive) aprx. $78,955.92 per annum. Units 1,2,3,4,6 tenant occupied, unit 6 FULLY RENOVATED and move in ready. 2 car garage currently vacant - landlord use only. 2 NEW PROPANE FURNACES and 1 NEW AC (2025). Please do not visit the property without a booked showing appointment.

Sold data

Homes in Horton Twp — recent sold market

Homes in Horton Twp took a median of 28 days to sell over the last 365 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 64, across 36 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.

The median sale price was $589,900.

Homes sold for about 2.3% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 22% of sellers reduced their price before finding a buyer.

Median days to sell
28
Median sale price
$589,900
Sale-to-list ratio
97.7%
Sold above asking
11%

Based on 36 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 4494 RIVER ROAD