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195-197 Walton Street

Walton St, Port Hope, Port Hope, ON, L1A 1N7

-
Beds
-
Baths
24,983
Sq. Ft.
$1,650,000
List Price
Details
Photos
21
Comparables
History
195-197 Walton Street, Port Hope, ON - 1 of 3
195-197 Walton Street, Port Hope, ON - 2 of 3
195-197 Walton Street, Port Hope, ON - 3 of 3
46 days on market

Quick Summary

  • Turnkey 7-unit multifamily property
  • Grossing over $125,000 annually
  • 5% cap rate with upside potential
  • Most units recently renovated
  • Hydro split and paid by tenants
  • Eligible for CMHC financing
  • Lowered interest rate and longer amortization
  • Stronger loan-to-value ratio

Stunning turnkey 7-unit multifamily property located just outside of the GTA in Port Hope. Grossing over $125,000 annually with a 5% cap rate and further upside potential! Most units have been renovated with some additional capital expenditures completed within recent years. Hydro is split and paid for by all tenants! Enjoy passive cash... Show More

Stunning turnkey 7-unit multifamily property located just outside of the GTA in Port Hope. Grossing over $125,000 annually with a 5% cap rate and further upside potential! Most units have been renovated with some additional capital expenditures completed within recent years. Hydro is split and paid for by all tenants! Enjoy passive cash flow with the ability to purchase on CMHC financing for a lowered interest rate, longer amortization and stronger loan-to-value. Showings welcomed! (id:54626)

Property Details

Size

24,983 sq. ft.
0 Beds
0 Baths

Heating & Cooling

Heating
Other
Cooling
-

Utilities

Water
Municipal water
Sewer
-

Source

Listing Brokerage

MLS® Listing
X8351032
Last Updated
June 8, 2024
Brokerage
EXP REALTY
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Call us 800-591-0566

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