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Excellent Investment Property In Downtown Fenelon Falls! Extensively Renovated & Well Maintained. 8 Units (2X2 Bdrms & 6X1 Bdrm) In 3 Buildings On 1/2 Acre Corner Lot. Walk To All Amenities & Public Beach. High Demand/Low Vacancy Area. Fully Tenanted. Annual Rental Income:$103,596; Annual Expenses: $35,458; Net Income: $71,342; Cap Rate: 7%. Phase-1 Environmental Completed 2017. Pls Do Not Disturb Tenants Or Walk Property Without Appointment.
Extras: 8 Fridges, 8 Stoves, 2 Rangehood Microwaves, 2 Wardrobe Cabinets: All Window Blinds; New Windows & Doors (2015-2017) New Roof (2018); All Units Renovated (2015-2017) Except 1 With Long-Term Tenant; Storage Garage; 2 Hwt (Owned) & 1 Hwt (R).
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Toronto Real Estate Board - IDX Last Updated: 10/18/2018 6:37:28 AM