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.
MLS# | X12017977 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 10 |
Listing Provided By | ROYAL LEPAGE PROALLIANCE REALTY | X12017977 179006 |
SQ Feet | 7,554 |
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Acreage | 0.17 |
Province | ON |
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County | Hastings |
City | Marmora and Lake |
Postal Code | K0K 2M0 |
Area | Marmora Ward |
Listing VS Median (In K0K 2M0) | |
Price: $1,250,000 low | high Med: $1,725,000 SqFt: 7,554 low | high Med: 6,778 $ / SqFt: $165 low | high Med: $266 On site: 10 low | high Med: 97.000000 |