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. |
Price | $1,399,000 |
Taxes: | $4819.24 |
Tax Type: | Annual |
Assessment Year: | 2024 |
Occupancy: | Tenant |
Address: | 2236 Line 34 N/A , Perth East, N0K 1J0, Perth |
Postal Code: | N0K 1J0 |
Province/State: | Perth |
Legal Description: | LOT 15, PART OF LOT 14 , PART OF LOT 16, |
Directions/Cross Streets: | Line 34 - Main road from Stratford to New Hamburg |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | Apartment |
Use: | Apts - 2 To 5 Units |
Building Percentage: | T |
Total Area: | 4735.00 |
Total Area Code: | Square Feet |
Retail Area Code: | Sq Ft |
Approximatly Age: | 0-5 |
Financial Statement: | F |
Chattels: | T |
Franchise: | F |
Expenses Actual/Estimated: | $Est |
Sprinklers: | No |
Washrooms: | 0 |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Yes |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
eXp Realty |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Perth |
Municipality: | Perth East |
Neighbourhood: | Shakespeare |
Style: | |
Lot Size: | x 127.11(Feet) |
Approximate Age: | 0-5 |
Tax: | $4,819.24 |
Maintenance Fee: | $0 |
Beds: | 0 |
Baths: | 0 |
Garage: | 0 |
Fireplace: | N |
Air Conditioning: | |
Pool: |