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5-unit Mixed Commercial/residential Multiplex For Sale

Not on MLS®

$1,550,000

For Sale:

Mya Qi

Realtor

Listing Details

Subtype: Multiplex

Zoning: C2

Beds: 8

Baths: 6

Lot Size: 0.6 Acres

Financial Details

Net operating income: $80,000

Percent leased: 100%

Cap rate: 5.2%

Description

2 Separate buildings housing 4 residential units (1x 1BDRM, 2x 2BDRM, 1x 3BDRM) and 1 commercial unit. Currently leased at below market rates. Potential for growth of NOI by bringing in new tenants at current market rates. Zoning permits a variety of commercial uses.

Location & nearby

This listing is located in ON L0K

Ramara, Ontario, Canada

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Mya Qi

Realtor

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