Multi residential income property consisting of 3 detached houses @ 1- 2 bedroom and 2- 3 bedroom on approx. 5 acres of land with 167 foot frontage (existing boundary survey available) Close to Honey Harbour. Total rent of $3275. per month ($39,300. Gross) with approx. $36,000.00 Net (after taxes and maintenance budget) Tenants pay their own Heat, Hydro, and other utilities (2 w/ propane and 1 w/electric) Taxes are $2016.00 per year/20. Excellent investment for cash flow and future retirement income, Or Excellent family compound. Possibility of Future development.
MLS# | 40060817 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active |
Days On Site | 66 |
Bed(s) | 8 |
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Bath(s) | 4 Total |
Garage | 1 |
Acreage | 4.90 |
Area Information | |
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Province | ON |
County | Muskoka |
City | Severn |
Postal Code | P0E 1E0 |
Area | Georgian Bay |
Listing VS Median (in P0E 1E0) | |
Price: $749,000 low | high Med: $749,000 On Site: 66 low | high Med: 70 Sourced by Back At You |