$599,000

Investment For Sale In Kawartha Lakes (Kinmount), Ontario

$599,000

Property Information:

Current Fire Inspection Report complete, all compliant! Investment opportunity in the Heart of Kinmount. This building has been well maintained andcared for. Offering 2 Commerical opportunites on the main floor, with long term Tenant in place in the one unit. The main floor also offers a well appointed studio apartment. The upper building has a 2 Bedroom apartment, occupied with long term Tenant, and a one bedroom occupied Dec.1. These units are a great source of income with the mix of Commercial and Residential uses. Kinmount thrives both Winter and Summer, being on the Rail trail for the adventure snow machines and atv's, and summer attracts a huge support from the Cottage Community. The holding tank is located for easy access and a pump out is approx.$360.00. Updated electrical includes 2-200 amp panels for the building. NOI approx. $55,000per year. Seller take back mortgage available with 35% down, and commercial bank interest to get you started! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Air Conditioning: Yes
  • Amenities: Separate Hydro Meters
  • Basement Type: None, Crawl space
  • Easement: Unknown, Easement
  • Exterior Finish: Vinyl siding, Steel
  • Fire Protection: Smoke Detectors
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Block
  • Heating Type: Heat Pump, Not known
  • Heating Fuel: Electric, Electric
  • Cooling Type: Air exchanger
  • Appliances: Oven - Built-In, Water meter, Stove, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 5
  • Half Bathrooms: 2
  • Access Type: Highway access
  • Amenities Nearby:
  • Features: Irregular lot size, Level, Carpet Free
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 87.6 Feet
  • Lot Frontage: 40.3 Feet
  • Lot Size: 40.3 x 87.6 FT ; 44.94 FT of frontage at back
  • Surface Water:
  • Utility Type: Hydro - Installed
  • WaterFront Type: Waterfront
  • Zoning: C1
  • Sewer: N/A
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Courtesy of: Royal LePage Frank Real Estate

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