2236 Line 34
Perth East, N0K 1J0
FOR SALE
$1,399,000

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Investment
CATEGORY4,735 Sq Ft
TOTAL AREAX12214848
MLSIDContact 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.
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Property Details
Address
2236 Line 34
Community
City
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
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Listing contracted with Exp Realty
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