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Renovated Rented 6 Plex Midland Georgian Bay

Location  Ontario,Canada
Asking Price Range  $250K - $500K
Gross Revenues  $65000
Net Profit / Cash Flow  $45000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2005
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Owned

Description  
Totally renovated 6 apartments building in fast growing town of Midland on Georgian Bay. Municipal water. 2 septic systems. Furnishing in 3 apartments is included. Electric heating but natural gas is on the street. Separate hydro meters. Laminate and vinyl flooring. Metal roof. Stucco and aluminum siding. Mature trees on the lot. Forest at the end of street and marina on Georgian Bay steps away. All amenities nearby. Great investment. Tenants staying long time. All units rented. Come down to have a look ... and make an offer! Property taxes are $3,600. Asking price $299,000 reduced again. Andrew Sobczak Broker of Record On Georgian Bay Real Estate Inc. Real Estate Brokerage Member of the Muskoka & Haliburton Real Estate Board RR2, PO Box 174, Victoria Harbour, ON L0K 2A0 Email or phone 705 543 1341


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