9 Bedroom
8 Bathroom
5000 - 100000 sqft
None
Radiant Heat
$1,350,000
This low-maintenance multiplex features 5 residential units, 4 office spaces, and 2 retail spaces, offering a diverse mix of income-generating opportunities. The property also includes an adjoining vacant parcel of land measuring approximately 66' x 223', presenting exciting potential for future development and added value, subject to approvals. The 5 rented apartments generate $91,740 in annual rental income, with the vacant office and retail spaces offering an estimated $43,200 in potential annual income once leased. Factor in the low-maintenance ownership, streamlined utilities, established rental income, and multiple value-add opportunities, and you have an exceptional investment property offering both immediate income and exciting potential for future growth. (id:56087)
Property Details
|
MLS® Number
|
X14115942 |
|
Property Type
|
Multi-family |
|
Community Name
|
Otonabee-South Monaghan |
|
Equipment Type
|
Water Heater |
|
Parking Space Total
|
12 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
8 |
|
Bedrooms Above Ground
|
9 |
|
Bedrooms Total
|
9 |
|
Age
|
100+ Years |
|
Appliances
|
All, Dishwasher, Dryer, Water Heater, Stove, Washer, Water Softener, Refrigerator |
|
Basement Type
|
None |
|
Cooling Type
|
None |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Poured Concrete |
|
Half Bath Total
|
3 |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Radiant Heat |
|
Stories Total
|
2 |
|
Size Interior
|
5000 - 100000 Sqft |
|
Type
|
Other |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Septic System |
|
Size Depth
|
223 Ft |
|
Size Frontage
|
192 Ft |
|
Size Irregular
|
192 X 223 Ft |
|
Size Total Text
|
192 X 223 Ft|1/2 - 1.99 Acres |
|
Zoning Description
|
C6 |
https://www.realtor.ca/real-estate/30443079/3246-county-road-2-road-otonabee-south-monaghan-otonabee-south-monaghan
