11 Private RD new

Marmora And Lake,ON K0K 2M0

$ 1250000

- Bed

- Bath

7554 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 7,554 sqft

Price per Sqft $165

Subdivision Marmora Ward

MLS Listing ID X12017977

Annual Tax Amount $6,650

Tax Year 2024

Property Sub-Type Investment

Property Description

Prime Investment Opportunity Fully Occupied 8-PlexAre you in search of a lucrative investment property? Look no further than this well-maintained 8-plex, which is fully occupied and ready to generate steady income. With a combination of four 1-bedroom units, three 2-bedroom units, and one spacious 4-bedroom unit, this property offers a diverse rental portfolio that will appeal to a range of tenants. Each apartment boasts radiant water heating for efficient and comfortable warmth, along with an air exchanger system to ensure fresh air circulation and optimal indoor air quality. The property underwent significant upgrades in 2012, including plumbing, electrical systems, insulation, and drywall ensuring that everything is in top-notch condition. Additionally, a brand-new roof was installed 2023, further enhancing the property's long-term value and reducing future maintenance concerns. This 8-plex is an excellent choice for investors seeking a turnkey property that has been cared for and upgraded, providing both immediate rental income and long-term potential. Don't miss out on this exceptional opportunity!

Location

Province ON

County Hastings

Community Marmora Ward

Area Hastings

Interior

Cooling No

Exterior

Utilities Available Available

Others

Security Features No

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