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$ 1,599,900
Est. payment /mo
Price Dropped by $200K
94 King ST Essa, ON L0M 1B0
UPDATED:
02/03/2025 03:09 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Angus
MLS Listing ID N11921394
Annual Tax Amount $5,397
Tax Year 2024
Property Sub-Type Investment
Property Description
REAL ESTATE- THE BEST PLACE TO PARK YOUR MONEY IN 2025! THIS 6-plex offers tremendous opportunity for investors looking for a turn key investment property to add to their real estate portfolio. Sitting on a double lot in the heart of Angus Ontario, this property has all the checkmarks for long term appreciation. Tap in to the potential for development/expansion with R3-2 zoning, 250 ft frontage, triple AAA location, high walking score to shopping and restaurants, 2 minute walk to Angus Morrison Elementary School! Comprised of 5 2BR & 1 BR apts, 12 assigned parking spots, (lots of room for more!), tenants pay heat/hydro. Good tenants in all units. With the recent announcement of the massive HONDA expansion in Alliston (20 minutes away), this area is poised for tremendous growth. LINX public transit offers routes from Wasaga Beach-Angus-Barrie Mon-Fri. Base Borden is 5 minutes away offering public rec/gym memberships at discounted prices. Enjoy owning an investment property in a lucrative area slated for growth and development. Financials available to serious enquiries. This property is a solid investment offering a 5% cap rate and units valued at $167,000.00 each, which is hard to find!
Location
Province ON
County Simcoe
Community Angus
Area Simcoe
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 250.64
Lot Depth 74.18
Others
Security Features No
Listed by RE/MAX HALLMARK CHAY REALTY
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