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141 Youngfox ROAD
Blind River Blind River P0R 1B0

$500,000
Multi-family built: 1978

Main Photo: 141 Youngfox ROAD in Blind River: Multi-family for sale : MLS®# 24016207
Status:
Active
Prop. Type:
Multi-family
MLS® Num:
24016207
Year Built:
1978
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)
Property Type:
Multi-family
Common Interest:
Freehold
Property Attached:
Yes
Transaction Type:
For sale
Zoning:
RES
Ownership Type:
Freehold
Exterior Features:
Brick, Stucco
Structure Type:
Multi-Family
Age:
46 years
Cooling:
None
Exterior Finish:
Brick, Stucco
Fireplace:
No
Floor finish:
Other
Heating:
Electric
# Storeys:
2.0
Acreage:
No
Lot Size:
165.98 ft x 152.73 ft x 169.11 ft x 152.39 ft
Lot Details:
165.98 ft x 152.73 ft x 169.11 ft x 152.39 ft
Parking:
Other
Floor
Type
Size
Other
Main level
Dining room
0 × 0
Main level
Kitchen
0 × 0
Main level
Living room
0 × 0
Second level
Laundry room
0 × 0
Second level
Bedroom
0 × 0
Second level
Bedroom
0 × 0
Floor
Ensuite
Pieces
Other
Main level
No
2
Second level
No
4
  • Photo 1: 141 Youngfox ROAD in Blind River: Multi-family for sale : MLS®# 24016207
    Photo 1 of 1
Listed by VISION REALTY LOCAL INC.
Data was last updated November 16, 2024 at 12:45 AM (UTC)

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