Triplex Apartment Building
Location Ontario,Canada
Asking Price Range < $250K
Gross Revenues $28000
Net Profit / Cash Flow $23000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1995
Number of Employees 1 - 3
Inventory None.
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Retiring.
Description Triplex apartment building in Wingham. 1.5 hr west of Toronto. Two 2-bed large apartments rented for $800 and 1 bachelor apartment rented for $600 (heating included). The building has been recently under renovation. It is located on 66' x 206' lot with big pine trees and fence on both sides.
There are 3 separate hydro meters and a new 60 gallons natural gas powered rented water heater. It would also make a beautiful single family dwelling with granny flat and also a huge loft area that could be developed into living space. Asking $300,000. Email or call Andrew Sobczak, Member of the Muskoka & Haliburton Real Estate Board, at 705-543-1341 for more info.
Click Here To Contact Seller
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