Office Listings
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141 Youngfox ROAD in Blind River: Multi-family for sale : MLS®# 24016207
141 Youngfox ROAD Blind River P0R 1B0 
$500,000Multi-family- Status:
- Active
- MLS® Num:
- 24016207
Who else wants to be a millionaire? When was the last time you could take advantage of buying a property with creative financing! Better yet, are you already a cash millionaire! This one property with a realistic potential cap rate of 10% and possibly higher may be your ticket to a financial windfall and a wealthy retirement. You do the math: Twelve two bedroom approx. 875 square foot units at $1,350 each per month and the tenants pay utilities gives you $194,400 income per year. At a very low and realistic net income of $138,240 times a cap rate of 10% makes this property worth $1,382,400. With properties today selling at 5% cap rates, this one property all by itself could be worth $2,764,800. Doesn’t that make you a millionaire? For a more detailed information package contact Listing Agent. (id:2493) More detailsListed by VISION REALTY LOCAL INC.
- DAVE O'NEIL
- VISION REALTY LOCAL INC.
- 1 (519) 3002340
- Contact by Email
Data was last updated November 15, 2024 at 09:45 PM (UTC)
