3246 COUNTY ROAD 2 ROAD, Otonabee-South Monaghan
9 BEDS · 8 BATHS · 5000 - 100000 sqft
$1,350,000
This low-maintenance multiplex features 5 residential units, 4 office spaces, and 2 retail spaces, offering a diverse mix of income-generating opportunities. The property also includes an adjoining vacant parcel of land measuring approximately 66' x 223', presenting exciting potential for future development and added value, subject to approvals. The 5 rented apartments generate $91,740 in annual rental income, with the vacant office and retail spaces offering an estimated $43,200 in potential annual income once leased. Factor in the low-maintenance ownership, streamlined utilities, established rental income, and multiple value-add opportunities, and you have an exceptional investment property offering both immediate income and exciting potential for future growth.
General Info
| MLS Listing ID: X14115942 | Bedrooms: 9 | Bathrooms: 8 | Year Built: 0 |
| Listing Type: Multi-family | Half Baths: 3 | Fireplace Fuel: N/A | Maintenance Fee: N/A |
| Foundation: Poured Concrete | Roof: N/A | Title To Land: N/A | Parking Space Total: 12 |
| Parking: No Garage | Heating: Radiant heat | Size: 5000 - 100000 sqft | Air Conditioning : None |
| Home Style: N/A | Finished Floor Area: N/A | Fireplaces: N/A | Basement: None |
| Water Supply: N/A | Road Type: N/A | Pool Type: N/A |



















































