11 PRIVATE ROAD — Marmora and Lake (Marmora Ward), Ontario

$995,000
Type:Multi-UnitArea:7554.11 sqftPostal:L3Z3H3
11 PRIVATE ROAD — Marmora and Lake (Marmora Ward), Ontario - Photo 1 of 12
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Property Description

Prime Investment Opportunity - Fully Occupied 8-Plex. Are you in search of a lucrative investment property? Look no further than this well-maintained 8-plex, which is fully occupied and ready to generate steady income. With a combination of four 1-bedroom units, three 2-bedroom units, and one spacious 4-bedroom unit, this property offers a diverse rental portfolio that will appeal to a range of tenants. Each apartment boasts radiant water heating for efficient and comfortable warmth, along with an air exchanger system to ensure fresh air circulation and optimal indoor air quality. The property underwent significant upgrades in 2012, including plumbing, electrical systems, insulation, and drywall ensuring that everything is in top-notch condition. Additionally, a brand-new roof was installed 2023, further enhancing the property's long-term value and reducing future maintenance concerns. This 8-plex is an excellent choice for investors seeking a turnkey property that has been cared for and upgraded, providing both immediate rental income and long-term potential. Don't miss out on this exception opportunity! (id:63357)

Property Details

Property Type
Multi-Unit
Building Area
7,554 square feet
Living Area
7,554 sqft
Status
Active

Location & Neighborhood

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$995,000