24983 sqft
Other
$1,550,000
Stunning turnkey 7-unit multifamily property located just outside of the GTA in Port Hope. Grossing over $125,000.00 annually with a 5.4% cap rate and further upside potential! Most units have been renovated with some additional capital expenditures completed within recent years. Hydro is split and paid for by all tenants! Enjoy passive cash flow with the ability to purchase on CMHC financing for a lowered interest rate, longer amortization and stronger loan-to-value. Showings welcomed! (id:50787)
Business
Business Type
|
Residential |
Business Sub Type
|
Apartments |
Property Details
MLS® Number
|
X9011650 |
Property Type
|
Multi-family |
Community Name
|
Port Hope |
Amenities Near By
|
Recreation |
Building
Heating Fuel
|
Natural Gas |
Heating Type
|
Other |
Size Interior
|
24983 Sqft |
Type
|
Multi-family |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Land Amenities
|
Recreation |
Size Irregular
|
68.8 X 392.37 Ft |
Size Total Text
|
68.8 X 392.37 Ft |
https://www.realtor.ca/real-estate/27126416/195-197-walton-street-port-hope-port-hope