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Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Multi-6-9 Unit
Listing Status Sold
Purchase Type For Sale
Square Footage 3,464 sqft
Price per Sqft $317
MLS Listing ID 40487380
Bedrooms 11
Year Built 1964
Annual Tax Amount $4,672
Lot Size 0.406 Acres
Property Description
Attention investors! Don't miss out on the opportunity to own this income generating 6 Plex located in the village of Tiverton, an area that has strong economic growth for years to come! Just a short drive to Bruce Power, Kincardine and Port Elgin. This clean and well maintained, solid brick building is a 2 storey 'walk up' with a full basement, 5-two bedroom units and 1-one bedroom unit, it's fully rented with a coin operated commercial washer and dryer. Gross income exceeds $98,000, the building has 5125 Sq Ft of finished space. There is ample parking and for added income this property provides a 20x16 Garage used to store the tenants equipment. The shingles were replaced in 2010. This building includes 6 fridges, 6 stoves, 6 microwaves and comes fully furnished (apart from one unit that is furnished with the tenants belongings). The spacious lawn is shaded by mature trees and is tastefully landscaped. Call your REALTOR� today to view this 'complete package', please allow 24 hours notice for viewings.
Location
Province ON
County Bruce
Area Kincardine
Zoning R4
Rooms
Other Rooms Shed(s)
Kitchen 0
Interior
Heating Electric, Heat Pump, Radiant
Cooling Ductless, Other
Laundry Coin Operated, Common Area, Shared
Exterior
Exterior Feature Balcony, Landscaped, Storage Buildings, Year Round Living
Garage Detached Garage, Asphalt, Assigned
Garage Spaces 1.0
Waterfront No
Roof Type Asphalt Shing
Building
Lot Description Rectangular, Ample Parking, Highway Access, Library, Place of Worship, Playground Nearby, Rec./Community Centre, Shopping Nearby
Story 2
Foundation Block
Sewer Sewer (Municipal)
Water Municipal
New Construction No
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