Professionally managed 6-unit property, all but unit 2 at market rent. Unit 1 is occupied by owner potential rent at $2200. Lake views nestled in the heart of town with easy access to all amenities. Approx. annual gross Income of $122,400 makes this an attractive opportunity for any investor. Units include 1-Huge 3 Bed Unit with basement, 1x2 Bed Unit, and 4x1 Bed units, each unit with its own hydro panel. Unit 1 has a new f/a furnace, S/S appliances, and washer/dryer. Units 2-6 are baseboard heated and all water heaters are owned. New metal roof, windows and deck in 2021 + cameras installed (as is). Ample parking spaces for 7-10 vehicles. Financials available upon request.
MLS# | S8012266 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Days On Site | 459 |
Listing Provided By | RE/MAX HALLMARK CHAY REALTY BROKERAGE | BackAtYou |
Bed(s) | 9 |
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Bath(s) | 7 |
Basement | Y |
Zoning | Residential |
Water Front | None |
Province | ON |
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County | Penetanguishene |
City | Penetanguishene |
Postal Code | L0K 1P0 |
Area | Simcoe |
Community Name | Penetanguishene |
Listing VS Median (In Penetanguishene) | |
Price: $1,349,900 low | high Med: $0 On site: 459 low | high Med: |