1070 592 Highway N

Emsdale, ON

MLS® 40666008

For sale
$2,150,000

Bedrooms
16
Bathrooms
10
"The Blue Jay" presents a prime opportunity for investors seeking stable returns in a high-demand rental area. This well-maintained 10-unit building features six 850 sq ft 2-bedroom units, two 1-bedroom + den units, and two 1-bedroom units. Each unit is thoughtfully laid out to maximize space and functionality, appealing to a wide range of tenants. Located just a short walk from lake access and nestled against a serene forested backdrop, "The Blue Jay" offers a natural setting that attracts tenants looking for both tranquility and proximity to outdoor activities. The property currently generates $156,000 in annual rental income with low annual operating expenses, providing immediate cash flow for prospective buyers. With solid rental income and a desirable location, "The Blue Jay" is an investment opportunity you don’t want to miss. Come and explore the potential this property offers for your portfolio!
Property Details
Parking Total
20
Property Type
Residential
Community Features
Irregular Lot
Highway Access
Quiet Area
Building
Bathrooms
10
Bedrooms
16
Building Type
Multi Family
Construction Materials
Vinyl Siding
Heating
Electric
Roof
Metal
Sewer
Septic Tank
Stories
2
Water Source
Well
Building Amenities
Separate Heating Controls
Separate Hydro Meters
Land
Lot Front
205.03 ft
Acres
0.50–1.99 Acres
Zoning
R3
Landscape Features
Separate Hydro Meters
Walk Score
Royal LePage Lakes Of Muskoka Realty, Brokerage, Huntsville -Centre Street
Royal LePage Lakes Of Muskoka Realty, Brokerage, Huntsville -Centre Street
Royal LePage Lakes Of Muskoka Realty, Brokerage, Huntsville -Centre Street

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Listing ID: 154938531
Last Updated: 2024-10-24 14:11:57