Huge lot ! This perfect Hintonburg location tri plex investment and development property.
| Website: | https://www.nestseekers.com/5588433 |
|---|---|
| Address: | West Centre Town K1Y 1W5 Canada |
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bedrooms: | 6 BR |
| Bathrooms: | 3 |
Financials
Price:C1,695,000
($1,194,000)
(€1,048,200)
Annual Taxes:C8,627
Description
Huge lot! This perfect Hintonburg location tri-plex investment and development property. $107,000 gross income, ~$87000 net. Strong ~5.2% cap rate. Unlike other buildings all the major interior/exterior updates and utility replacement expenses ($350k) have been completed in last few years ! Rear build zone is ~75x50ft. Enjoy an updated, excellent cash flow property to keep it while you plan the expansion. Currently the building has 6 parking spots. All 3 units have their own private outdoor patios! Garage has 3 units - 1 double - 1single and man door storage.
Angelo Ferlisi 9 Queen Street Unit 7, Cookstown, Ontario |