Renovated Rented 6 Plex Midland Georgian Bay
Location Ontario,Canada
Asking Price Range $250K - $500K
Gross Revenues $65000
Net Profit / Cash Flow $45000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2005
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Description Totally renovated 6 apartments building in fast growing town of Midland on Georgian Bay. Municipal water. 2 septic systems. Furnishing in 3 apartments is included. Electric heating but natural gas is on the street. Separate hydro meters. Laminate and vinyl flooring. Metal roof. Stucco and aluminum siding.
Mature trees on the lot. Forest at the end of street and marina on Georgian Bay steps away. All amenities nearby. Great investment. Tenants staying long time. All units rented. Come down to have a look ... and make an offer!
Property taxes are $3,600. Asking price $299,000 reduced again.
Andrew Sobczak
Broker of Record
On Georgian Bay Real Estate Inc.
Real Estate Brokerage
Member of the Muskoka & Haliburton Real Estate Board
RR2, PO Box 174, Victoria Harbour, ON L0K 2A0
Email or phone 705 543 1341
Click Here To Contact Seller
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