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$2,150,000
Status: For Sale
''The Blue Jay'' presents a prime opportunity for investors seeking stable returns in a high-demand rental area. This well-maintained 10-unit building features six 850 sq ft 2-bedroom units, two 1-bedroom + den units, and two 1-bedroom units. Each unit is thoughtfully laid out to maximize space and functionality, appealing to a wide range of tenants. Located just a short walk from lake access and nestled against a serene forested backdrop, ''The Blue Jay'' offers a natural setting that attracts tenants looking for both tranquility and proximity to outdoor activities. The property currently generates $156,000 in annual rental income with low annual operating expenses, providing immediate cash flow for prospective buyers. With solid rental income and a desirable location, ''The Blue Jay'' is an investment opportunity you don’t want to miss. Come and explore the potential this property offers for your portfolio!
| Property Type | :Residential Income |
|---|---|
| MLS Number | :40666008 |
| Listing Type | :Sale |
| Property Age | :Unknown Years |
| Possession Date | : |
| Last Updated | :24 Oct, 2024 (23 Days ago) |
| Source | :The Lakelands |
| Area | :Parry Sound |
|---|---|
| City | :Emsdale |
| Area Major | :Perry |
| Area Minor | :Emsdale |
| Postal Code | : P0A 1J0 |
| Directions | :From Highway 11, take Novar Rd exit to Highway 592, follow to #1070 |
| Price | : $2,150,000 |
|---|---|
| Property Taxes | :$5583.7 |
| Tax Year | :2024 |
|---|
| Bedrooms | :16 + |
|---|---|
| Heating | :Electric |
| Place of Worship | :No |
| Bathrooms | :10 |
|---|---|
| Approx Square Footage | :5100 sqft |
21 Oct, 2024
TREB #40666008
Listed
$2150000
