Purpose-built investment opportunity! This 2022 built Four-plex features three fully leased 2 bed, 1 bath residential units generating $100,200 in annual income, plus a ground-floor commercial space. Current CAP rate of 6.3%. Ability for further development potential, including a two-car garage with a residential unit above. A modern, low-maintenance asset with strong income and long-term upside. (id:56221)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | X12214848 |
| Property Type | Multi-family |
| Community Name | Shakespeare |
| Parking Space Total | 10 |
| Age | 0 To 5 Years |
| Appliances | Dryer, Washer |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Exterior | 4735 Sqft |
| Size Interior | 4735 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 127 Ft ,1 In |
| Size Frontage | 103 Ft ,8 In |
| Size Irregular | 0.384 |
| Size Total | 0.384 Ac |
| Size Total Text | 0.384 Ac |
| Zoning Description | C1 |
https://www.realtor.ca/real-estate/28456403/2236-line-34-perth-east-shakespeare-shakespeare
Contact us for more information
Shaun Pickering
Salesperson
(866) 530-7737
(647) 849-3180
www.exprealty.ca/
Marlyse Ennett
Salesperson
(866) 530-7737
(647) 849-3180
www.exprealty.ca/
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