11 PRIVATE DRIVE
Marmora and Lake (Marmora Ward), Ontario
MLS® X13549618
$799,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13549618
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 14Listing description
Prime Investment Opportunity - Fully Occupied 8-plex. Are you in search of a lucrative investment property? Look no further than this well-maintained 8-plex, which is fully occupied and ready to generate steady income.
With a combination of four 1-bedroom units, three 2-bedroom units, and on spacious 4-bedroom unit, this property offers a diverse rental portfolio that will appeal to a range of tenants. Each apartment boasts radiant water heating for efficient and comfortable warmth, along with an air exchanger system to ensure fresh air circulation and optimal indoor air quality. The property underwent significant upgrades in 2012, including plumbing, electrical systems, insulation, and drywall ensuring that everything is in top-notch condition.
Additionally, a brand-new roof was installed 2023, further enhancing the property's long-term value an reducing future maintenance concerns. This 8-plex is an excellent choice for investors seeking a turnkey property that has been cared for and upgraded, providing both immediate rental income and long-term potential. Don't miss out on this exceptional opportunity!
Property summary
- MLS® number
- X13549618
- Property type
- Multi-family
- Building type
- Multi-Family
- Square footage
- 7,554 sq ft
- Annual property taxes
- $7,108.00
- Days on market
- 50 days
Features & details
- Heating
- Hot water radiator heat, Natural gas, Radiator
- Cooling
- None
What would this home cost you?
Based on the $799,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal Lepage Proalliance Realty, Belleville.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.