Purpose-built investment opportunity! This 2022 built Four-plex features three fully leased 2 bed, 1 bath residential units generating $100,200 in annual income, plus a ground-floor commercial space. Current CAP rate of 6.3%. Ability for further development potential, including a two-car garage with a residential unit above. A modern, low-maintenance asset with strong income and long-term upside. (id:51300)
| Business Type | Residential | 
| Business Sub Type | Apartments | 
| MLS® Number | X12214848 | 
| Property Type | Multi-family | 
| Community Name | Shakespeare | 
| Parking Space Total | 10 | 
| Age | 0 To 5 Years | 
| Appliances | Dryer, Washer | 
| Cooling Type | Fully Air Conditioned | 
| Heating Fuel | Natural Gas | 
| Heating Type | Forced Air | 
| Size Exterior | 4735 Sqft | 
| Size Interior | 4,735 Ft2 | 
| Type | Multi-family | 
| Utility Water | Municipal Water | 
| Acreage | No | 
| Size Depth | 127 Ft ,1 In | 
| Size Frontage | 103 Ft ,8 In | 
| Size Irregular | 0.384 | 
| Size Total | 0.384 Ac | 
| Size Total Text | 0.384 Ac | 
| Zoning Description | C1 | 
https://www.realtor.ca/real-estate/28456403/2236-line-34-perth-east-shakespeare-shakespeare

 Shaun Pickering
 Salesperson

 Marlyse Ennett
 Salesperson