1070 592 Highway N Emsdale, Ontario P0A 1J0
$2,150,000
The Blue Jay presents a prime opportunity for investors seeking stable returns in a high-demand rental area. This well-maintained 10-unit building features six 850 sq ft 2-bedroom units, two 1-bedroom + den units, and two 1-bedroom units. Each unit is thoughtfully laid out to maximize space and functionality, appealing to a wide range of tenants. Located just a short walk from lake access and nestled against a serene forested backdrop, The Blue Jay offers a natural setting that attracts tenants looking for both tranquility and proximity to outdoor activities. The property currently generates $156,000 in annual rental income with low annual operating expenses, providing immediate cash flow for prospective buyers. With solid rental income and a desirable location, The Blue Jay is an investment opportunity you don’t want to miss. Come and explore the potential this property offers for your portfolio! (id:53086)
Property Details
| MLS® Number | 40666008 |
| Property Type | Multi-family |
| Community Features | Quiet Area |
| Features | Crushed Stone Driveway |
| Parking Space Total | 20 |
Building
| Bathroom Total | 10 |
| Bedrooms Total | 16 |
| Basement Type | None |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Block |
| Heating Fuel | Electric |
| Stories Total | 2 |
| Size Interior | 5100 Sqft |
| Utility Water | Well |
Land
| Access Type | Water Access, Road Access, Highway Access |
| Acreage | No |
| Sewer | Septic System |
| Size Frontage | 205 Ft |
| Size Total Text | 1/2 - 1.99 Acres |
| Zoning Description | R3 |
https://www.realtor.ca/real-estate/27562570/1070-592-highway-n-emsdale
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October 22 2024 05:31:24
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