EN - CAD

Global Preferences

CAD 844,900

35 SPENCER Street
Bracebridge, Ontario

Beds 6
Baths 3

Property Description

Recently extensively upgraded multi-unit residential property in the heart of Bracebridge. This income property generates almost $50,000 NET operating income. This strong revenue offers incredible ROI and a must see for investors looking for strong investment opportunity. On the main level there is an open concept three-bedroom home, which is perfect for a small family. On the lower-level, there is a two- bedroom unit and an additional one-bedroom accessory suite. The property is well maintained and currently has great long-term tenants, making it a stable source of revenue. The property has natural gas, hot water radiant heat, hot water on demand, and municipal services. Each unit is separately metered (except water/sewer) and offer in-suite laundry. Fire separation between units, interconnected fire detectors with co2 and strobe lighting. Located within walking distance to Georgian and Nipissing campuses and many other amenities, including schools and parks. There is also an option to move into the main floor and utilize the rental income to supplement your mortgage with excellent income from two other units. Inquire for list of upgrades and financials. (id:8860)

Listed by Coldwell Banker Thompson Real Estate, Brokerage

Powered by realtor.ca

Property Details

ID #
40146205
Status
For Sale
Type
Residential, Multi-Family Home, Multi Residential
Postal Code
P1L1E1
Septic
City sewer
Basement
Finished
Cooling
No A/C
Exterior Description
Brick, Vinyl Siding
General
Smoke Detector
Heating - Fuel Type
Gas
Water
Municipal Water

Similar Listings