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213 E MAIN Street, Palmerston — listed at $749,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
ATTENTION INVESTORS! Opportunity knocks in the heart of Palmerston with this substantial 4-unit property offering 3,340 sq. ft. of above-grade living space and four self-contained units under one roof. Whether you're looking to expand an existing portfolio or make your move into multi-residential investing, 213 Main Street E offers the diversification and income potential investors look for without having to purchase multiple properties. Each unit features a functional layout designed for everyday living, while four on-site parking spaces — one for each unit — plus individual storage lockers add valuable tenant conveniences. The property is ideally located close to downtown Palmerston amenities, schools, shopping and the Palmerston & District Hospital, helping support long-term tenant appeal. Behind the stucco exterior is a full brick exterior with added foam insulation. With four rental units, municipal services and MU2 zoning, this is a compelling opportunity to secure a multi-residential asset in a growing Southwestern Ontario community. Add it to your portfolio and let four doors work for you! (id:60164)
How is the space laid out across floors?+
This is a 2-storey multi-family. The 6 bedrooms and 3 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What's the parking situation?+
This property includes 4 spaces.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
Does it have a basement, and is it finished?+
The listing describes the basement as: None. Confirm the finishing status during a showing — it affects both livable space and resale value.
Is 213 E MAIN Street a good fit for a growing family?+
With 6 bedrooms and 3 bathrooms (3340 sq ft), there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
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