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$479,000
Est. payment /mo
7 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision Macaulay
MLS Listing ID X12344526
Style 2-Storey
Bedrooms 7
Annual Tax Amount $2,500
Tax Year 2025
Property Sub-Type Triplex
Lot Depth 132.0
Lot Front 66.0
Appx SqFt 2500-3000
Property Description
Investment Opportunity!!! A Triplex with very good income is situated in a prime central Bracebridge close to amenities, schools and transportation ensuring a strong rental demand. The 2,500 sq. ft. building has one 3-bedroon unit with 2 baths; two 2-bedroom with 1 bathroom in each and a attached garage on 66 ft. by 124 ft. lot with R3 zoning. The building has aluminum siding, a metal roof and parking for 6 vehicles. The annual revenue is $52,800; the NOI is approximately $44,000 per year with an excellent CAP rate of 9.2%. Whether you're a experienced investor, new to the market or renovator, this property has steady income and great potential for long term for long term growth. Don't miss out on this rare opportunity. The building is being sold in "As Is" condition.
Location
Province ON
County Muskoka
Community Macaulay
Area Muskoka
Rooms
Family Room No
Basement Partial Basement, Unfinished
Kitchen 3
Interior
Interior Features None
Cooling Central Air
Inclusions 3 refrigerators and 3 ranges
Exterior
Exterior Feature Deck, Porch, Year Round Living
Parking Features Private Triple
Garage Spaces 1.5
Pool None
Roof Type Metal
Lot Frontage 66.0
Lot Depth 132.0
Total Parking Spaces 7
Building
Foundation Concrete Block
Others
Senior Community Yes
ParcelsYN Yes
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Listed by Re/Max Professionals North
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