Welcome to this Legal 5-Plex On a Huge 0.4 Acre Lot with a 5.8% CAP Rate!. Five 2-Bedroom Apartments with Legal NC Status. Just Over $9,000/Mo Gross Rents making this the perfect Investment. This property features Hardwood Floors, Lots Of Parking (Over 12 Cars), New Boiler (2022), 4/5 Units Upgraded With New Kitchens And Updated Bathrooms (2021/2022), 6 Hydro Meters, New Thermostat for all units, Heat Detection System and Much More!. Short Walk To Lake Simcoe And Downtown Beaverton, Beaverton Public School At Backyard Of Property, Close to Groceries Stores, and all Amenities making This The PERFECT Income Generating Asset
Extras
Expenses under $1,200/month (Taxes, insurance, Utilities). R3 Zoning 6 hydro meters (1 per unit plus 1for common areas).
PT BLK D PL 81, W OF MARA RD, PT 1, 40R10690; TOWN
Occupancy
Tenant
Possession Date
Flexible
Taxes (2023)
$5,960.57
Tax Type
Annual
Directions/Cross Streets
Main St & Simcoe St
Neighbourhood
Beaverton
Area
Durham
Price History
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Freestanding
Y
Bathrooms
6
Lot
88 x 201.58 ft
Total Area
17,653 ft2
Approximate Age
100+
Elevator
None
Air Conditioning
N
Basement
Y
Chattels
Y
Garage Type
None
Heat Type
Gas Hot Water
Financial Statement
Y
Outside Storage
N
Sewers
Sanitary
Utilities
Y
Water
Municipal
Clear Height
8 feet
Rail
N
Lot/Bldg/Unit Code
Lot
Zoning
R3
Seller Property Info Statement
N
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