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 exceptional opportunity!
Address
11 Private Drive
List Price
$899,900
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
Marmora and Lake
Sub-Area
Marmora Ward
Region
Hastings
Lot Size Source
GeoWarehouse
Lot Shape
Irregular
Lot Type
Building
Lot Size Units
Feet
Parcel Number
401790347
Total Building Area
7554.11
Occupant Type
Partial
Cross Street
Deloro Street to Private Road
MLS® Number
X13128706
Listing Brokerage
ROYAL LEPAGE PROALLIANCE REALTY
Basement
Yes
Postal Code
K0K 2M0
Posession Details
Immediate
Tax Amount
$7,108.00
Tax Year
2025
Property Management Company
Harvey Sagle
Standard Status
Active
Board Or Association
Central Lakes Association of REALTORS
Heat Type
Gas Hot Water
Cooling Features
No
Garage Type
None
Tax Legal Description
PT LT 109 PL 727, PART 1 21R23710; T/W QR570533; MARMORA & LAKE; COUNTY OF HASTINGS
Security Features
No
Sewer
Sanitary
Login To View 8 Additional Details On 11 Private Drive
Get instant access to more information with a free account.
Already have an account? Login