:Attention Investors!! 2 Multi Unit Residential Townhomes With A Total Of 29 Units In The Heart Of Elliot Lake. Excellent Location. Just Steps To The Hospital, Spruce Beach, Arena, Walking Trails And Downtown Core. Property Is Approximately 1.44 Acres In Size. 2 Separate Buildings Which Consist Of A Mix Of 14-2 Bedroom Townhomes And 15-3 Bedroom Townhomes Each Approx. 800 Square Feet. Tenants Pay Their Own Heat And Hydro Through Separate Meters
Units Which Become Vacant Are Now Being Re-Rented At $1000 Per Month Plus Heat And Hydro. Excellent Potential For Income Growth Long Term As Rents Are Rapidly Rising. High Demand In Elliot Lake With Extremely Low Vacancy Rates.
|$3,299,000||Listed For Sale|
Updated: 31 Aug, 2021. Days On Market: 26 Days
Listing By: SUTTON GROUP REALTY SYSTEMS INC., BROKERAGE Information Updated: 2021-08-31 19:06:51.0The listing data is provided under copyright by the Toronto Real Estate Board. The listing data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board nor RickMalhi.com.