94 King ST Active

Essa,ON L0M 1B0

$ 1599900

11 Beds

5 Baths

- SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Angus

MLS Listing ID N11921264

Style 2-Storey

Bedrooms 11

Annual Tax Amount $5,397

Tax Year 2024

Property Description

REAL ESTATE - THE BEST PLACE TO PARK YOUR MONEY IN 2025! THIS 6-plex offers tremendous opportunity for investors looking for a turn key investment property to add to their real estate portfolio. Sitting on a double lot in the heart of Angus Ontario, this property has all the checkmarks for long term appreciation. Tap in to the potential for development/expansion with R3-2 zoning, 250 ft frontage, triple AAA location, high walking score to shopping and restaurants, 2 minute walk to Angus Morrison Elementary public school! Comprised of 5 2BR & 1 1BR apts, 12 assigned parking spots , (lots of room for more!), tenants pay heat/hydro. Good tenants in all units. With the recent announcement of the massive HONDA expansion in Alliston (20 minutes away), this area is poised for tremendous growth. LINX public transit offers routes from Wasaga Beach - Angus- Barrie Mon-Fri. Base Borden is 5 minutes away offering public rec/gym memberships at discounted prices. Enjoy owning an investment property in a lucrative area slated for growth and development. Financials available to serious enquiries. This property is a solid investment with a 5% cap rate and units valued at $267,000 each which is hard to find!

Location

Province ON

County Simcoe

Community Angus

Area Simcoe

Zoning R3-2

Rooms

Basement None

Kitchen 6

Interior

Interior Features Separate Heating Controls,Water Heater Owned

Cooling None

Inclusions all appliances in apartments, 6 stoves, 6 fridges.

Exterior

Parking Features None

Garage Spaces 12.0

Pool None

Roof Type Shingles

Building

Foundation Block

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