195-197 Walton Street,Port Hope, ON L1A 1N7
Port Hope, ON L1A 1N7
Description
An exceptional opportunity to acquire a turn-key investment property in the thriving community of Port Hope. This multi-residential building boasts seven units, all units have been completely renovated with modern finishes, attracting quality tenants. All tenants pay their own hydro, reducing landlord expenses. With Port Hope's consistently low vacancy rate, this property offers excellent income stability and growth potential. Strategically located, this property is perfectly positioned to capitalize on Port Hope's growing demand for rental housing. Whether you're a seasoned investor or looking to expand your portfolio, this property is a must-see for anyone seeking a strong return on investment in a robust rental market. Don't miss out on this rare opportunity to secure a high-performing asset in this desirable markets. There is further upside to be realized when tenants turn over or by separating heat and water expenses to future tenants. Interior unit photos may be from prior to current tenants moving in. ***MOTIVATED SELLER Opportunity to bundle multiple listings for a better CAP and price. See MLS listings X12151686, X12151707, X12164060, X12151667. Willing to sell these 27 units at an overall reduced price.
Details
| MLS # | X12151667 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Sold Conditional |
| Days On Site | 37 |
| Listing Provided By | RE/MAX JAZZ INC. | X12151667 155700 |
Features
| SQ Feet | 24,641 |
|---|---|
| Acreage | 0.57 |
Interior
| Cooling | No |
|---|
Taxes
| Property | 12801 |
|---|
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Northumberland |
| City | Port Hope |
| Postal Code | L1A 1N7 |
| Area | Port Hope |
| Listing VS Median (in L1A 1N7) | |
Price: $1,300,000 low | high Med: $1,300,000 SqFt: 24,641 low | high Med: 24,641 $ / SqFt: $53 low | high Med: $53 On site: 37 low | high Med: 37.000000 | |