94 King Street, Essa, Ontario L0M 1B0

Listed for:
$1,425,000
11 beds
6 baths
Listed 5 days ago
Other for rent: 94 King Street, Essa, Ontario L0M 1B0

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About

Cross Streets: Mill St/King St. ** Directions: County Rd 90 /5th Line/Centre St/Huron St/King St. TURN-KEY MULTIPLEX ON A DOUBLE LOT WITH ESTABLISHED TENANTS IN PLACE & CASH FLOW POTENTIAL! Positioned in the heart of Angus within a high-growth area, this turn-key 6-plex offers investors the chance to acquire a substantial multi-residential asset with solid income potential. Set on a double lot with 250 feet of frontage, the property features 11 bedrooms and 6 bathrooms across 5 two-bedroom units and 1 one-bedroom unit, with established tenants already in place. Tenants pay their own heat and hydro, supporting a practical ownership structure. A re-paved driveway provides 12 assigned parking spaces, with additional room to expand parking if needed. Added value comes through a durable steel roof, extra attic insulation, and 6 updated, fully owned hot water tanks. R5 zoning may permit future development or expansion, adding further appeal for buyers looking beyond the existing use. Daily essentials are within walking distance, including restaurants, Angus Morrison Elementary School, a hardware store, a convenience store, and transit, while CFB Borden is just 5 minutes away, and Alliston, Barrie, and Wasaga Beach are all within a 20-minute drive. LINX Transit nearby adds convenient connections to Barrie and Wasaga Beach. For investors with an eye for where value lives, this 6-plex could be exactly what your portfolio has been missing. (id:27476)

Property Highlights

MLS® Number
N12930430
Type
Multi-family
Community Name
Angus
Land Size
250.6 x 74.2 FT ; 250.64 x 78.40 x 250.55 x 70.06 ft|under 1/2 acre
Parking Space Total
12

Building

Building Type
Other
Storeys
2.00
Square Footage
5000 - 100000 sqft
Bathrooms Total
6
Bedrooms Above Ground
11
Bedrooms Total
11
Amenities
Separate Heating Controls Golf Nearby, Place of Worship, Schools
Exterior Finish
Vinyl siding
Fireplace Present
No
Basement Type
None
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Electric
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
RE/MAX HALLMARK PEGGY HILL GROUP REALTY
MLS® number:
N12930430
Agent:
Peggy Hill
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