14
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$1,100,000
Est. payment /mo
7,554 SqFt
Price Dropped by $75K
11 Private RD Marmora And Lake, ON K0K 2M0
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 7,554 sqft
Price per Sqft $145
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-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.
Location
Province ON
County Hastings
Community Marmora Ward
Area Hastings
Interior
Cooling No
Exterior
Utilities Available Available
Others
Security Features No
Listed by ROYAL LEPAGE PROALLIANCE REALTY
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