$357,000

105 Doe Lake Road

Katrine ON, P0A 1L0

Description

Residential fourplex for sale. All units are spacious 2 bedroom units. All fully occupied. Easy access to Highway 11 and close proximity to Huntsville and Burks Falls. Walking distance to public beach and variety store. Huge double town lot and plenty of parking. Laundry is roughed in if you wanted to add coin laundry. Fridge & stove are included for all four units. The roof is about 10 years old, All window inserts have been replaced about 7 years ago. The building has metal siding and is overall good condition. Currently the landlord pays for heat and hydro with averages $800 per month. Gross rent for the year is $43,200. Two of the units are rented at $1000 and two units are rented at $800. Lots of opportunity to raise rents as fair market rent should be $1100 per unit considering heat and hydro are included in the rent. Please allow for 24 hour notice on all showings as all units are currently tenanted.

Details

MLS#30815491
Listing TypeFor Sale
Sub-TypeResale
StatusContingent
Year1972
Days On Site90

Features

Units4
Building(s)1
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Area Information
ProvinceON
CountyParry Sound
CityKatrine
Postal CodeP0A 1L0
AreaArmour
Listing VS Median (in P0A 1L0)
Price:
$357,000
low | high
Med:
$357,000
50% of Average
On Site:
90
low | high
Med:
90
100% of Average
Listing Updated: 09/19/2020
Dylan Jarvis LogoMLS Number: 30815491
Listing Provided By:
Dylan Jarvis  of  Keller Williams Experience Realty Brokerage
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