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Home ON Hastings Hastings County Marmora and Lake
11 PRIVATE ROAD
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11 PRIVATE ROAD $995,000
5 days ago
$995,000
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11 PRIVATE ROAD
Marmora and Lake (Marmora Ward), Ontario L3Z3H3

MLS® Number: X12615536

Listing Description

Prime Investment Opportunity - Fully Occupied 8-Plex. Are you in search of a lucrative investment property? Look no further than this well-maintained 8-plex, which is fully occupied and ready to generate steady income. With a combination of four 1-bedroom units, three 2-bedroom units, and one spacious 4-bedroom unit, this property offers a diverse rental portfolio that will appeal to a range of tenants. Each apartment boasts radiant water heating for efficient and comfortable warmth, along with an air exchanger system to ensure fresh air circulation and optimal indoor air quality. The property underwent significant upgrades in 2012, including plumbing, electrical systems, insulation, and drywall ensuring that everything is in top-notch condition. Additionally, a brand-new roof was installed 2023, further enhancing the property's long-term value and reducing future maintenance concerns. This 8-plex is an excellent choice for investors seeking a turnkey property that has been cared for and upgraded, providing both immediate rental income and long-term potential. Don't miss out on this exception opportunity! (41792519)

Location Description

Cross Streets: Deloro Street to Private Road. ** Directions: Deloro Street to the end on your left 11 Private Road.

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Marmora Ward
Annual Property Taxes
$7,108
Time on REALTOR.ca
5 days

Building

Building Features
Features
Irregular lot size
Rental Equipment
Furnace
Heating & Cooling
Cooling
None
Heating Type
Hot water radiator heat (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Business
Business Type
Residential (Apartments)

Measurements

Square Footage
7554 sqft
Exterior Building Size
7554 sqft

Land

Other Property Information
Zoning Description
CF
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PATRICIA GUERNSEY