11 Private Road Image 1

$1,250,000

Mar 13Investment For Sale
bedroomsbed
washrooms0bath
MLS - #X12017977

11 Private Road, Marmora and Lake, ON K0K 2M0

0
Similar Homes Found
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Average Price
125000000.0%
Higher than average

Price Comparison

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Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

N/A

About 11 Private Road

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.

Home Overview

Last updated

1 day ago

Virtual tour

None

Basement information

Building size

7554.11

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Listed by ROYAL LEPAGE PROALLIANCE REALTY

Additional Details

Basement:N/A
Cooling:No
Heating:Water Radiators
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$4774.15/ month
$1,000,000 Principal and Interest
$1,200,000 Property Taxes

Location

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Walk Score for 11 Private Road

Some information about this property - Private Road

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