Attention investors!!! Affectionally known as "the barn", this property consists of 5 units (utility suites) and produces consistent and reliable income. A new steel roof and other exterior improvements were completed in the fall of 2022. Unit 1: 1 bedroom, 1 bath, 711 square feet. Rent is $2000/month. This unit has been completely renovated and updated with new kitchen, appliances, flooring, washroom (w/ heated floors), exterior doors, 200 amp panel and gas furnace. This unit will be vacant upon closing. Unit 2: this unit was recently updated. 1 bedroom, 420 square feet. Heat: gas space heater. The rent is $1250. 00/month. Unit 3: this unit was recently updated. 1 bedroom, 424 square feet. Heat: gas space heater. Rent is $922. 50/month. Unit 4: 1 bedroom, 401 square feet, heat: gas space heater. Rent is $903. 50. Unit 5: bachelor style suite with 2 piece bath, 229 square feet. Rent is $765/month. This unit is a stand alone unit at #150 park road. A newer rental hot water heater (rental) services all the units with the exception of #150 park road which has its own hot water heater (owned). To service the tenants and to provide an additional revenue stream, the laundry room offers newer commercial maytag coin-op washing machine and gas dryer. Two newer sump pumps were added for excellent drainage. There is a large utility room which provides additional storage as well as 5 parking dedicated parking spaces. The owner pays for utilities. Bring your vision to the upper level of the barn which offers 48' x 30' of loft style storage.
Listing IDX12104211
Address148 Park Road
CityBracebridge, Ontario
Price$695,000
Bed / Bath5 / 5 Full
Style2-Storey, Multiplex
ConstructionMetal/Steel Siding
TypeMulti-Family
StatusFor Sale
