11 Private Drive
Interior view
Interior view
13
For Sale61 days on Market

11 Private Drive

Marmora and Lake, ON, K0K 2M0

Community:Marmora Ward

Asking Price

$899,900

Frontage

0 ft.

Lot Depth

0 ft.

Square Foot

7,554.11 ft.

Lot Area

Zoning

Commercial

11 Private Drive, Marmora and Lake, K0K 2M0

Property Description

Original Remarks

Prime Investment Opportunity - Fully Occupied 8-Plex. Are you in search of a lucrative investment property? Look no further than this well-maintained 8-plex, which is fully occupied and ready to generate steady income. With a combination of four 1-bedroom units, three 2-bedroom units, and one spacious 4-bedroom unit, this property offers a diverse rental portfolio that will appeal to a range of tenants. Each apartment boasts radiant water heating for efficient and comfortable warmth, along with an air exchanger system to ensure fresh air circulation and optimal indoor air quality. The property underwent significant upgrades in 2012, including plumbing, electrical systems, insulation and drywall ensuring that everything is in top-notch condition. Additionally, a brand-new roof was installed 2023, further enhancing the property's long-term value and reducing future maintenance concerns. This 8-plex is an excellent choice for investors seeking a turnkey property that has been cared for and upgraded, providing both immediate rental income and long-term potential. Don't miss out on this exceptional opportunity!

PROPERTY HISTORY

11 Private Drive

PROPERTY DETAILS

OccupancyInvestment
Possession TypeFor Sale
Heating TypeGas Hot Water
WaterMunicipal
SewersSanitary
Retail Area7,554.11 ft
Ownership Type
Basement
Garage TypeNone
Elevator
CommunityMarmora Ward
Hours Open
CategoryApartment
LLBO
Days Open
Business / BuildingBuilding
Employees
Financial Statement
Franchise Seats
Drive Parking Spaces
Drive Parking Spaces

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