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$ 1,199,000
Est. payment | /mo
20 Beds
10 Baths
$ 1,199,000
Est. payment | /mo
20 Beds
10 Baths
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision Mattawa
MLS Listing ID X12446840
Style 2-Storey
Bedrooms 20
Annual Tax Amount $10,455
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Prime investment opportunity! This well-maintained 10-plex offers ten spacious 2-bedroom units, each with in-suite laundry-a strong draw for tenants. 6 units are currently vacant, giving the new owner the immediate ability to set market rents and optimize cash flow. Many suites have already been renovated, reducing upfront costs and maximizing return on investment. Tenants pay their own hydro, further lowering operating expenses. With ample on-site parking and excellent income potential, this property is a valuable addition to any serious investors portfolio.
Location
Province ON
County Nipissing
Community Mattawa
Area Nipissing
Zoning R1
Rooms
Family Room Yes
Basement None
Kitchen 10
Interior
Interior Features Water Heater
Cooling None
Exterior
Exterior Feature Year Round Living
Parking Features Private Triple
Pool None
Roof Type Asphalt Shingle
Lot Frontage 66.0
Lot Depth 165.0
Total Parking Spaces 15
Building
Building Age 16-30
Foundation Concrete Block
Others
Senior Community No
Listed by REALTY EXECUTIVES Local Group Inc. Brokerage