12716 sqft
Partially Air Conditioned
Other
$1,499,900
Attention savvy investors - welcome to 75 Manitoba Street, a professionally managed mixed-use property generating $93,974 in annual income and offering a rock-solid 4.3% cap rate at list price. This incredible asset features 5 income streams, including two commercial storefronts and three residential apartments, one of which is supported by a municipal housing subsidy. With $64,559 in net income and low operating overhead, this property offers consistent year-over-year returns and long-term upside. Commercial units have strong street exposure, while the residential units provide stable occupancy with below-market rent on Apt 2-creating a value-add opportunity for the next owner. Recent updates include professional repainting, fire safety upgrades, and ongoing maintenance. All major mechanicals serviced, and unit-by-unit income/expense details are available. If you're building a diversified, recession-resilient portfolio, look no further than 75 Manitoba Street! (id:43681)
房源概要
MLS® Number
|
X12144150 |
房源类型
|
商业物业 |
社区名字
|
Macaulay |
附近的便利设施
|
Highway, 公共交通 |
详 情
空调
|
Partially Air Conditioned |
供暖类型
|
Other |
Size Exterior
|
12716 Sqft |
内部尺寸
|
12716 Sqft |
设备间
|
市政供水 |
土地
英亩数
|
无 |
土地便利设施
|
Highway, 公共交通 |
土地深度
|
182 Ft |
土地宽度
|
33 Ft |
不规则大小
|
Bldg=33 X 182 Ft |
规划描述
|
Com 3 |
https://www.realtor.ca/real-estate/28302997/75-manitoba-street-bracebridge-macaulay-macaulay