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Bracebridge (macaulay),ON P1L1E8
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $191
Subdivision Macaulay
MLS Listing ID X12344526
Bedrooms 7
Half Baths 1
Source OnePoint Association of REALTORS®
Property Description
Investment Opportunity!!! A Triplex with very good income is situated in a prime central Bracebridge close to amenities, schools and transportation ensuring a strong rental demand. The 2,500 sq. ft. building has one 3-bedroon unit with 2 baths; two 2-bedroom with 1 bathroom in each and a attached garage on 66 ft. by 124 ft. lot with R3 zoning. The building has aluminum siding, a metal roof and parking for 6 vehicles. The annual revenue is $52,800; the NOI is approximately $44,000 per year with an excellent CAP rate of 9.2%. Whether you're a experienced investor, new to the market or renovator, this property has steady income and great potential for long term for long term growth. Don't miss out on this rare opportunity. The building is being sold in "As Is" condition. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features Yes
Community Features School Bus
View Y/N Yes
View Lake view
Total Parking Spaces 7
Private Pool No
Building
Story 2
Sewer Septic System