March 25, 2024
- 10 min read
1070 592 Highway N Emsdale, Ontario P0A 1J0
$2,150,000
16 Bedroom
10 Bathroom
5100 sqft
None
The Blue Jay presents a prime opportunity for investors seeking stable returns in a high-demand rental area. This well-maintained 10-unit building features six 850 sq ft 2-bedroom units, two 1-bedroom + den units, and two 1-bedroom units. Each unit is thoughtfully laid out to maximize space and functionality, appealing to a wide range of tenants. Located just a short walk from lake access and nestled against a serene forested backdrop, The Blue Jay offers a natural setting that attracts tenants looking for both tranquility and proximity to outdoor activities. The property currently generates $156,000 in annual rental income with low annual operating expenses, providing immediate cash flow for prospective buyers. With solid rental income and a desirable location, The Blue Jay is an investment opportunity you don’t want to miss. Come and explore the potential this property offers for your portfolio! (id:36109)
Property Details
| MLS® Number | 40666008 |
| Property Type | Multi-family |
| CommunityFeatures | Quiet Area |
| Features | Crushed Stone Driveway |
| ParkingSpaceTotal | 20 |
Building
| BathroomTotal | 10 |
| BedroomsTotal | 16 |
| BasementType | None |
| CoolingType | None |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Block |
| HeatingFuel | Electric |
| StoriesTotal | 2 |
| SizeInterior | 5100 Sqft |
| UtilityWater | Well |
Land
| AccessType | Water Access, Road Access, Highway Access |
| Acreage | No |
| Sewer | Septic System |
| SizeFrontage | 205 Ft |
| SizeTotalText | 1/2 - 1.99 Acres |
| ZoningDescription | R3 |
INQUIRE ABOUT
1070 592 Highway N
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