2236 Line 34

Perth East, N0K 1J0
FOR SALE
$1,399,000
2236 Line 34, Perth East
2236 Line 34
2236 Line 34
2236 Line 34
2236 Line 34
2236 Line 34
2236 Line 34
2236 Line 34
2236 Line 34
2236 Line 34
2236 Line 34
2236 Line 34
2236 Line 34
2236 Line 34
2236 Line 34
2236 Line 34
2236 Line 34
Investment
CATEGORY
4,735 Sq Ft
TOTAL AREA
X12214848
MLSID
Contact Us
Property Description
Purpose-built investment opportunity! This 2022 built Four-plex features three fully leased 2 bed, 1 bath residential units generating $83,400 in annual income, plus a ground-floor commercial space that will bring in $1,000 when rented, bringing your annual income to $95,400. Current CAP rate of 5.1% with a projected CAP rate of 5.9%. Ability for further development potential, including a two-car garage with a residential unit above. A modern, low-maintenance asset with strong income and long-term upside.
Property Details
Address
2236 Line 34
Community
Postal Code
N0K 1J0
Property Type
Investment, Investment
Days On Market
175
Use
Apartment
Zoning
C1
Lot Size
104' x 127'
Total Area
4,735 Sq Ft
Retail Area
601 Sq Ft
Acreage
0.4 Feet
Taxes
$4,819 (2024
Heat Type
Gas Forced Air Open
Water
Municipal
Parking Spaces
10
Garage Type
None
Listing contracted with Exp Realty
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