3246 County Road 2 Road
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About This Property
This low-maintenance multiplex features 5 residential units, 4 office spaces, and 2 retail spaces, offering a diverse mix of income-generating opportunities. The property also includes an adjoining vacant parcel of land measuring approximately 66' x 223', presenting exciting potential for future development and added value, subject to approvals. The 5 rented apartments generate $91,740 in annual rental income, with the vacant office and retail spaces offering an estimated $43,200 in potential annual income once leased. Factor in the low-maintenance ownership, streamlined utilities, established rental income, and multiple value-add opportunities, and you have an exceptional investment property offering both immediate income and exciting potential for future growth. (id:63604)
Key Facts
Highlights
- All
- Washer
- Refrigerator
- Water softener
- Dishwasher
- Stove
- Dryer
- Water Heater
Property Details
Interior features
Exterior features
Mortgage & Affordability
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Neighbourhood
- Area
- Otonabee-South Monaghan
- City
- Otonabee-South Monaghan
- Postal code
- K0L 2G0
- Nearby
- Cross Streets: County Rd 2 & Heritage Line. ** Directions: Hwy 7 to Heritage Line, South to Keene, Turn West, Property On North Side of the Road.
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