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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

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