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368 Frank St

Frank StSouth Bruce PeninsulaON, N0H 2T0

-
Beds
1
Baths
2,412
Sq. Ft.
$285,000
List Price
368 Frank St, South Bruce Peninsula, ON - 1 of 3
368 Frank St, South Bruce Peninsula, ON - 2 of 3
368 Frank St, South Bruce Peninsula, ON - 3 of 3
130 days on market

Quick Summary

  • Turnkey investment property with fully rented units
  • Steady rental income stream from existing tenants
  • Potential for additional income with refreshed third unit
  • Well-maintained building with recent electrical updates
  • Desirable neighborhood with easy access to amenities
  • Opportunity for appreciation and strong ROI
  • Auction sale with suggested starting bid of $285,000
  • Property sold as-is, with 15% deposit and 10% buyer's premium

We are happy to offer you this Triplex during a strong rental market! TURN KEY INVESTMENT; FULLY RENTED! Great income! Loads of possibility for improvements to its already tidy income. The current owner has done some structural repairs since purchasing and is only selling due to the distance he lives from the property. Unlock the... Show More

We are happy to offer you this Triplex during a strong rental market! TURN KEY INVESTMENT; FULLY RENTED! Great income! Loads of possibility for improvements to its already tidy income. The current owner has done some structural repairs since purchasing and is only selling due to the distance he lives from the property. Unlock the potential of your investment portfolio with this versatile triplex! The building has been maintained over the years, with recent updates to the electrical systems. Generate a steady stream of rental income with tenants already in place, and the potential for even more income with the third unit now having been refreshed and rented. The property is located in a desirable neighborhood, with easy access to shopping and local amenities. ** Most financial information is actual, Insurance, other are estimated ** Imagine the possibilities as you take ownership of this solid investment opportunity, with the potential for appreciation and a strong return on investment. Don't miss out on this chance to secure your financial future, schedule a viewing today!. BID COUNT: 0 ~ PROPERTY AUCTION; 6:00 pm 24th June 2024 END of BIDDING DATE; Reserve bid, soft close auction. SUGGESTED STARTING BID: $285,000.00 Property is being sold AS IS WHERE IS. This is an auction posted on MLS® as a mere posting. All Agreements of Purchase and Sale are to be submitted as CASH on closing; no conditional offers will be entertained. Irrevocable should be 1 day after the auction close. 15% DEPOSIT, including a 10% + HST BUYERS PREMIUM is to be added to any cash bid; acknowledged in the Schedule A of the APS. You may bid by contacting your Real Estate Broker who will be paid commission on completion by the Auctioneer. (id:54626)

Property Details

Size

2,412 sq. ft.
across 2 floors
0 Beds
1 Bath
1 Full

Parking

2 Parking Spaces
-

Lot

Size
336′0″ * 720′0″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Unfinished
Exterior
Vinyl siding
Foundation
Stone
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
Central air conditioning

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40533068
Last Updated
June 3, 2024
Brokerage
ATLAS WORLD REAL ESTATE CORPORATION Brokerage (Lions Head)
Powered by: REALTOR.ca
Call us 800-591-0566

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