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$599,900

Investment

420 Fifth Avenue, Black River-Matheson, ON P0K 1N0Matheson

Listing Overview

MLS ID:T12481308
Status:New
Type:Commercial / Investment
Approx Age:51-99
Taxes:$4,793.35 / yr (2025)
Days on Market:165
Listed:2025-10-24
Last Updated:Oct 28, 2025
Cross Street:Fifth and Railway
Data Source:PROPTX

Interior

Utilities

Heat Type:Gas Forced Air Open

Outdoor / Lot

Lot Size:× 131ft

Parking

Garage Type:None
Parking Spaces:6

Description

Investors Alert! Multiplex with 6 units, with good rental income. Situated in the downtown core of Matheson. Roof redone August 2025 with EPDM membrane (synthetic rubber membrane). 2 Furnaces in 2023 - one replaced and the other refurbished. Property has been regularly maintained and renovated over the duration of Seller's possession. Tenants have off street parking. Unfinished basement with separate entrance. It is a solid building with much potential.

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