54 Coldwater Road, Waubaushene
Property Overview - Fourplex For sale
Price | $ 774 900 | On the Market | 4 days |
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MLS® # | 40554638 | Type | Fourplex |
Bedrooms | 4 Bed | Bathrooms | 4 Bath |
Postal Code | L0K2C0 | ||
Street | COLDWATER | Town/Area | Waubaushene |
Property Size | under 1/2 acre | Building Size | 1975 ft2 |
Invest in this fantastic turn key single-story fourplex situated on a spacious lot in Waubaushene, offering a prime opportunity near the stunning Georgian Bay. Each unit has been individually metered for hydro and underwent extensive interior renovations. There are no common areas in the building, so you only need to factor in water as a monthly utility expense. The property comprises four one-bedroom units, three currently occupied at competitive market rental rates, and one vacant unit available with possibility of generating an annual income of $66,000 once vacant unit rented out. This investment gem boasts ample parking, with no parking assigned or included in any tenant's current lease, an expansive lot, and an updated septic bed in 2018. Conveniently located near marinas, the Tay Trail for hiking and cycling enthusiasts, and with easy access to Hwy 400 for an effortless commute to Barrie or Orillia. Vendor Take Back (VTB) mortgage / seller financing available, plus one year of free property management included. (id:20829)
Size Total | under 1/2 acre |
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Size Frontage | 109 |
Size Depth | 268 ft |
Ownership Type | Freehold |
Sewer | Septic System |
Zoning Description | R1 |
Building Details
Type | Fourplex |
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Stories | 1 |
Property Type | Multi-family |
Bathrooms Total | 4 |
Bedrooms Total | 4 |
Cooling Type | None |
Exterior Finish | Vinyl siding |
Heating Fuel | Electric |
Heating Type | Baseboard heaters |
Size Interior | 1975 ft2 |
Utility Water | Municipal water |
This listing of a Multi-family property For sale is courtesy of Taylor Morgado from Real Broker Ontario Ltd.