2236 Line 34, Perth East, Ontario N0K 1J0

Listed for:
$1,399,000
0 beds
0 baths
Listed 1 day ago
Multi-Family for rent: 2236 Line 34, Perth East, Ontario N0K 1J0

View all 27 photos

Learn more about this property
Listing provided by:
eXp Realty
MLS® number:
X12214848
Agent:
Shaun Pickering
*Indicates required field
Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).

About

Line 34 - Main road from Stratford to New Hamburg Purpose-built investment opportunity! This 2022 built Four-plex features three fully leased 2 bed, 1 bath residential units generating $83,400 in annual income, plus a ground-floor commercial space that will bring in $1,000 when rented, bringing your annual income to $95,400. Current CAP rate of 5.1% with a projected CAP rate of 5.9%. Ability for further development potential, including a two-car garage with a residential unit above. A modern, low-maintenance asset with strong income and long-term upside. (id:27476)

Property Highlights

MLS® Number
X12214848
Type
Multi-family
Community Name
Shakespeare
Land Size
0.384 ac
Parking Space Total
10

Building

Building Type
Multi-Family
Square Footage
4735 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location