25 King St E, Cavan Monaghan, L0A 1G0

Listing Overview

Description

Excellent renovated 8 plex, in picturesque park-like setting in the booming village of Millbrook. Most units renovated in recent years with new bathrooms & kitchens. Some units have private decks & private entry. Fully tenanted. Gross income $93,000 per year, expenses $20,000 per year. Easy to rent, several long-time tenants. All tenants have use of large lawns adjacent to Baxter Creek which runs through the property. Two natural gas furnaces, 2 water heaters.Tenants pay hydro, each unit is separately metered. Parking for 10 vehicles. Walking trails, shops, restaurants, library, dental and medical facilities all in walking distance. An excellent investment, in a happening community. **SELLER WILL CONSIDER VENDOR TAKE BACK MORTGAGE IN FIRST PLACE**

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On Market

Investment

Property Type

$8,855 / Year

Est. Taxes

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Style

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Business Type

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Franchise