1070 592 N Home For Sale Perry, Ontario P0A 1J0
X10440139
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$2,150,000
""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. The new building constructed in 2019 is not subject to rent control. 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:34792)
Property Details
| MLS® Number | X10440139 |
| Property Type | Business |
| Parking Space Total | 20 |
Building
| Bathroom Total | 10 |
| Bedrooms Total | 16 |
| Amenities | Separate Heating Controls |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Block |
| Size Interior | 5100 Sqft |
Land
| Acreage | No |
| Sewer | Septic System |
| Size Frontage | 205 Ft ,3 In |
| Size Irregular | Unit=205.03 |
| Size Total Text | Unit=205.03|1/2 - 1.99 Acres |
| Zoning Description | R3 |
https://www.realtor.ca/real-estate/27562570/1070-592-n-perry
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December 03 2024 10:59:33
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