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  • DESCRIPTION

    Turnkey Investment Opportunity In Downtown Fenelon Falls! Extensively Renovated & Well Maintained Property. 8 Units (2-2 Bdrms & 6-1 Bdrm) In 3 Buildings On A Large 1/2 Acre Corner Lot. High Demand/Low Vacancy Area. 2018 Rental Income: $100,733; 2018 Expenses: $31,121; Net Income: $69,612; Cap Rate: 7%. Phase-1 Environmental Completed 2017. Lots Of Parking. Walking Distance To All Amenities & Public Beach. Pls Do Not Disturb Tenants Or Walk Property.

    8 Fridges, 8 Stoves, 2 Rangehood Microwaves, 2 Wardrobe Cabinets: All Window Blinds; New Windows & Doors (2015-2017) New Roof (2018); All Units Renovated (2015-2017) Except 1 With Long-Term Tenant; Storage Garage; 2 Hwt (Owned) & 1 Hwt (R).

    KEY DETAILS
    • Price:
    • $975,000
    • Bedrooms:
    • 0
    • Full Baths:
    • 0
    • Square Footage:
    • 22,431
    • Acreage:
    • n/a
    • Listing #:
    • X4349743
    • Street Address:
    • 72 Francis St W
    • City:
    • Kawartha Lakes
    • State:
    • ON
    • Postal Code:
    • K0M 1N0
    • Area:
    • Kawartha Lakes
    • Subarea
    • Fenelon Falls
    • Listing Status:
    • For Sale - Active

    Building

    • Approximate Square Footage Range:
    • 22431.97

    Documents

    • Extra Remarks:
    • 8 Fridges, 8 Stoves, 2 Rangehood Microwaves, 2 Wardrobe Cabinets: All Window Blinds; New Windows & Doors (2015-2017) New Roof (2018); All Units Renovated (2015-2017) Except 1 With Long-Term Tenant; Storage Garage; 2 Hwt (owned) & 1 Hwt (r).

    Land

    • Conforms To Zoning:
    • R1-3 (exception 3)
    • Lot Size Front:
    • 114.18
    • Lot Size Side:
    • 191.00

    Listing

    • Days On Market:
    • 16
    • For Sale Or Lease?:
    • Sale

    Money

    • Property Taxes:
    • $3,641
    • Tax Year:
    • 2018

    Systems

    • Existing Water:
    • Municipal
    • Heating:
    • Baseboard
    • Sewage Type:
    • San+storm

    Source

    • Listing Provided By Keller Williams Realty Centres

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    NOTES

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