72 Francis St W
Kawartha Lakes, K0M1N0
UNAVAILABLE
➧
➧
Apartment
CATEGORY22,432 Sq Ft
TOTAL AREAX4294831
MLSIDContact Us
Property Description
Excellent Investment Property In Downtown Fenelon Falls! Extensively Renovated & Well Maintained. 8 Units (2X2 Bdrms & 6X1 Bdrm) In 3 Buildings On 1/2 Acre Corner Lot. Walk To All Amenities & Public Beach. High Demand/Low Vacancy Area. Fully Tenanted. Annual Rental Income: $103,596; Annual Expenses: $35,458; Net Income: $71,342; Cap Rate: 7%. Phase-1 Environmental Completed 2017. Pls Do Not Disturb Tenants Or Walk Property Without Appointment.
Call
Extras
8 Fridges, 8 Stoves, 2 Rangehood Microwaves, 2 Wardrobe Cabinets: All Window Blinds; New Windows & Doors (2015-2017) New Roof (2018); All Units Renovated (2015-2017) Except 1 With Long-Term Tenant; Storage Garage; 2 Hwt (Owned) & 1 Hwt (R).
Property Details
Category
Apartment
Usage
Apts-6 To 12 Units
Zoning
R1-3 (Exception 3)
Total Area
22,432 Sq Ft
Lot Size
114' x 191'
Taxes
$3,262 (2018)
Call
Listing contracted with Keller Williams Realty Centres, Brokerage
Similar Listings
Great investment & income property, rarely offered, in the heart of beautiful Fenelon Falls consisting of three (3) rental apartments and two (2) commercial/retail units, fully occupied. Uniquely located between the two most popular and visited lakes in the Kawarthas, this property offers the best of both worlds: high traffic, high visibility location on the corner of Colborne & Francis Streets next to CIBC bank in the middle of the busiest intersection and shopping hub in Fenelon Falls downtown, and only one block away from beautiful Lock 34, one of the most visited locks on the Trent Severn Waterway. Only a short walk to boat launch, falls, beach, and two lakes.
Call
WONDERFUL INVESTMENT OPPORTUNITY!! Located at a busy intersection is 48 Main St in beautiful Bobcaygeon, the Hub of the Kawarthas and the world-famous Trent Severn Waterway. Offering a Commercial/Residential building with land. This well-maintained property has 2 commercial fronts on the main level and 3 apartments, one on the main level and two up. Improvements around 2018 included windows, fire escape, heating and renovated studio apartment. Extras include a basement for storage and back patio. Property is fully leased with a good ROI. Bobcaygeon is a growing and thriving tourist destination throughout the year. Only 90 min to the GTA.
Call
Call