Message Number416130
statusActive
Subject LineHuntsville, dowtown triplex fully leased build in 2009 in great condition.
Business area
Canada
Ontario
Northern Ontario
Huntsville
Have/WantHave
Business categoryCommercial Buildings/Hotels/Motels
Apartment buildings/multi unit/condo townhouse projects/investments
Date of ListingJune 13 2023
LocationHuntsville
Price$1,395,000.00
Building area2700
ZoningMU 4
Gross Income151800
Expenses28600
Net Income123200
CommentsNewer downtown triplex in excellent condition and paved parking for 27 cars, yearly rental income is $151,800 Revenue comprised of Parking fees, garage storage, Air bnb unit, two, two bedroom apartments. Expenses total $28,600 comprised of Taxes, Insurance, utilities and maintenance. MU 4 zoning allows all three self contained units to go on Air bnb with no fees or license required for Max income. Further under the zoning bylaw a second triplex could be built with the removal of the parking lease. A great opportunity for the right buyer.
Internet Links
Member Identifier11094
ControlListing
NameJohn Jarvis
TitleBroker
Company NameForest Hill Real Estate Inc. Brokerage
Address Line One72 Main Street
CityHuntsville
State/ProvinceOntario
Zip/Postal CodeP1H 1K6
CountryCanada
Business Phone Number(705)788-6283
Cell Number7057886283
Home Number7057886283
Email AddressSend Email

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