Property Description

Welcome to 2727 Alder Creek Dr. S., a rare investment opportunity in the highly desirable Town of Wheatfield! Nestled on a quiet street with ample off-street parking, this well-maintained all-brick four-unit property offers the perfect blend of immediate income, long-term stability, and future upside. The building features three spacious 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, making it an attractive option for a variety of tenants. Two long-term tenants would love to remain, providing instant rental income, while the two vacant units present an excellent opportunity for an owner-occupant to offset their mortgage or for an investor to lease at current market rates. Recent improvements include a complete tear-off roof (June 2026), offering peace of mind for years to come. Additional amenities include common laundry facilities, air conditioning in every unit, interior storage space for tenants, and two storage sheds for added convenience. The expansive rear yard offers even more potential, with plenty of room to build a garage for additional rental income or tenant amenities (buyer to verify approvals). Whether you're looking to expand your investment portfolio or begin your journey as an owner-occupant, this income-producing property checks all the boxes with its desirable location, solid construction, valuable updates, and future income potential. Opportunities like this don't come along often!

Property Features

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