75 HURON STREET, Huron-Kinloss

$425,700

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About this property

9.5% CAP RATE | 5 INCOME STREAMS | FULLY TENANTEDInvestors, take note! A strong 9.5% cap rate and immediate cash flow make this turnkey mixed use property a standout investment opportunity in the heart of downtown Ripley. Featuring four residential apartments plus one ground level commercial retail space, this property delivers five established income streams under one roof.Fully occupied and income producing from day one, the property offers diversified residential and commercial revenue with no vacancy to fill. Well maintained, centrally located and positioned for minimal management, this is the kind of straightforward income property investors look for.Five units. Full occupancy. 9.5% cap rate. Immediate income. Add this proven income producer to your portfolio and put your investment dollars to work from day one. (id:66939)

Property details

Price
$425,700
Living area
3,128 square feet
Property type
Retail
MLS® number
X13746732

Location

Map showing the location of 75 HURON STREET, Huron-Kinloss

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Source board: OnePoint Association of REALTORS®.

Listing data is provided by the Canadian Real Estate Association (CREA) through the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but not guaranteed accurate. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listings displayed may be held by brokerages other than Hamodi Realty / HomeLife Miracle Realty.