Property type
Investment
Lot size
N/A
Style
Approx. Area
N/A
Discover a fully tenanted 5-unit legal non-conforming apartment building offering a robust gross income of $90,780 per year and an impressive 8.7% cap rate. This property has seen significant upgrades, including a newer well and septic system, along with cosmetic enhancements to select units, ensuring minimal maintenance and tenant satisfaction. Ideally situated just 10 minutes north of Highway 401 in the charming village of Roblin, this investment gem offers a serene rural setting with easy access to urban centers. Centrally located, its just 2 hours from both Toronto and Ottawa. Don't miss your chance to own this income-generating property perfect for seasoned investors or those looking to expand their portfolio. **EXTRAS** Please review all documents attached.
Last updated
4 days ago
Virtual tour
None
Basement information
Building size
0.355
Status
In-Active
Property sub type
Investment
Maintenance fee
$N/A
Year built
2024
Find your dream home ✨
I agree to receive marketing and customer service calls and text messages from homepapa. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe. Privacy Policy & Terms of Service.