Prime Investment Opportunity Fully Occupied 8-Plex! Are 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.
Address
11 Private Road
List Price
$1,250,000
Property Type
Commercial
Type of Dwelling
Investment
Area
Marmora and Lake
Sub-Area
Marmora Ward
County
Hastings
Lot Size Source
GeoWarehouse
Lot Shape
Irregular
Lot Type
Building
Lot Size Units
Feet
MLS® Number
X12017977
Listing Brokerage
ROYAL LEPAGE PROALLIANCE REALTY
Postal Code
K0K 2M0
Tax Amount
$6,650.17
Tax Year
2024
Heat Type
Water Radiators
Cooling Features
No
Garage Type
None
Security Features
No
Sewer
Sanitary