393 SECOND Street Image 1

$1,070,000

Jan 6Investment For Sale
bedrooms6bed
washrooms0bath
MLS - #S11907983

393 SECOND Street, Collingwood, ON L9Y 1G9

0
Similar Homes Found
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Average Price
107000000.0%
Higher than average

Price Comparison

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Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

N/A

About 393 SECOND Street

TRIPLEX~ Great Opportunity for Investors~ ANNUAL RENTAL INCOME~$61 800/ $5150 per month AND Tenants pay all utilities as well as snow removal! This well maintained triplex with 3 self contained units each having 2 Bedrooms and a 4 pc bath (separately metered) is in a fabulous location and situated on an extremely large lot~ 97 X 133 Ft. Endless Possibilities with Potential for Development~ Town of Collingwood permitting fourth units providing parameters met~ Potential to Build Garage/ Coach House~ Sever and Build 2 Homes on Newly Created Lots, Live in One Unit and Rent the Other Two, Continue to Use Strictly as an Investment Property, Convert to Single Family Residence or a Beautiful Lot to Build your Dream Home! This Property has had Many Upgrades Including~ Metal Roof, Asphalt Roof ( Apartment 3), Some Newer Windows, Some Newer Vinyl Siding Replaced and Windows Capped, Upgraded Electrical~ Breakers for 2 Units, Flooring, Newer Appliances/ 3 Hot Water Heaters (Includes all Appliances and Hot Water Heaters Owned) and Designer Paint throughout. A++ tenants! Looking to get into the investment market? The rental market continues to be very strong in desirable Collingwood. Look no further~ this is the one! Walking Distance to Historic Downtown, Restaurants, Theatres, Shopping, Sparkling Waters of Georgian Bay and all that Collingwood has to Offer. Short Drive to Blue Mountain Village, Thornbury and The Longest Freshwater Beach in the World!

Home Overview

Last updated

1 day ago

Virtual tour

None

Basement information

Building size

2252

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Listed by RE/MAX Four Seasons Realty Limited

Additional Details

Basement:N/A
Cooling:No
Heating:Baseboard
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$4086.67/ month
$856,000 Principal and Interest
$1,027,200 Property Taxes

Location

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Walk Score for 393 SECOND Street

Some information about this property - SECOND Street

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