Quick Summary
Quick Summary
- Exceptional turn-key investment property
- Multi-residential building with 7 units
- 6 units completely renovated with modern finishes
- Tenants pay own hydro, reducing landlord expenses
- Strategically located to capitalize on growing rental demand
- Excellent income stability and growth potential
- Opportunity for further upside with tenant turnover
- Potential to separate heat and water expenses
An exceptional opportunity to acquire a turn-key investment property in the thriving community of Port Hope. This multi-residential building boasts seven units, six of which have been completely renovated with modern finishes, attracting quality tenants. All tenants pay their own hydro, reducing landlord expenses. With Port Hope's... Show More
An exceptional opportunity to acquire a turn-key investment property in the thriving community of Port Hope. This multi-residential building boasts seven units, six of which have been completely renovated with modern finishes, attracting quality tenants. All tenants pay their own hydro, reducing landlord expenses. With Port Hope's consistently low vacancy rate, this property offers excellent income stability and growth potential. Strategically located, this property is perfectly positioned to capitalize on Port Hope's growing demand for rental housing. Whether you're a seasoned investor or looking to expand your portfolio, this property is a must-see for anyone seeking a strong return on investment in a robust rental market. Don't miss out on this rare opportunity to secure ahigh-performing asset in this desirable markets. There is further upside to be realized when tenants turn over or by separating heat and water expenses to future tenants. (id:54626)
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Property Details
Size
Parking
Lot
Heating & Cooling
Utilities
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For Sale Nearby
Sold Nearby
- 4
- 3
- 1,500 - 2,000 Sq. Ft.
- 3
- 2
- 3
- 1
- 5
- 3
- 12
- 5
- 3
- 3
- 1
- 1
- 6
- 4
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