An exceptional opportunity to acquire a turn-key investment property in the thriving community of Port Hope. This multi-residential building boasts seven units, all units have been completely renovated with modern finishes, attracting quality tenants. All tenants pay their own hydro, reducing landlord expenses. With Port Hope's consistently low vacancy rate, this property offers excellent income stability and growth potential. Strategically located, this property is perfectly positioned to capitalize on Port Hope's growing demand for rental housing. Whether you're a seasoned investor or looking to expand your portfolio, this property is a must-see for anyone seeking a strong return on investment in a robust rental market. Don't miss out on this rare opportunity to secure a high-performing asset in this desirable markets. There is further upside to be realized when tenants turn over or by separating heat and water expenses to future tenants. Interior unit photos may be from prior to current tenants moving in. ***MOTIVATED SELLER Opportunity to bundle multiple listings for a better CAP and price. See MLS listings X12151686, X12151707, X12164060, X12151667. Willing to sell these 27 units at an overall reduced price. (id:4069)
Address
195-197 WALTON STREET
List Price
$1,300,000
Property Type
Multi-family
Type of Dwelling
Multi-Family
Area
Ontario
Sub-Area
Port Hope
Floor Area
24,641 Sq. Ft.
Lot Size
62.8 x 392.37 FT Sq. Ft.
MLS® Number
X12151667
Listing Brokerage
RE/MAX JAZZ INC.
Postal Code
L1A1N7
Zoning
R2
