Purpose-built investment opportunity! This 2022 built Four-plex features three fully leased 2 bed, 1 bath residential units generating $100,200 in annual income, plus a ground-floor commercial space. Current CAP rate of 6.3%. Ability for further development potential, including a two-car garage with a residential unit above. A modern, low-maintenance asset with strong income and long-term upside.
Address
2236 Line 34
List Price
$1,399,000
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
sale
Area
Perth East
Sub-Area
Shakespeare
Region
Perth
Lot Size Source
GeoWarehouse
Lot Depth
127.11
Lot Type
Building
Lot Size Units
Feet
Lot Width
103.67
Approx. Age
0 - 5 Years
MLS® Number
X12214848
Listing Brokerage
eXp Realty
Postal Code
N0K 1J0
Tax Amount
$4,819.24
Tax Year
2024
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
None
Security Features
No
