The Blue Jay presents a prime opportunity for investors seeking stable returns in a high-demand rental area. This well-maintained 10-unit building features six 850 sq ft 2-bedroom units, two 1-bedroom + den units, and two 1-bedroom units. Each unit is thoughtfully laid out to maximize space and functionality, appealing to a wide range of tenants. Located just a short walk from lake access and nestled against a serene forested backdrop, The Blue Jay offers a natural setting that attracts tenants looking for both tranquility and proximity to outdoor activities. The property currently generates $156,000 in annual rental income with low annual operating expenses, providing immediate cash flow for prospective buyers. With solid rental income and a desirable location, The Blue Jay is an investment opportunity you don’t want to miss. Come and explore the potential this property offers for your portfolio! (id:4069)
Address |
1070 592 Highway N |
List Price |
$2,150,000 |
Property Type |
Multi-family |
Area |
Ontario |
Sub-Area |
Emsdale |
Bedrooms |
16 |
Bathrooms |
10 |
Floor Area |
5,100 Sq. Ft. |
MLS® Number |
40666008 |
Listing Brokerage |
Royal LePage Lakes Of Muskoka Realty, Brokerage, Huntsville - Centre Street
|
Basement Area |
None |
Postal Code |
P0A1J0 |
Zoning |
R3 |
Features |
Crushed stone driveway |