Looking for a budget-friendly and turn-key income property? This is it!
This 2 storey building houses 4 units (2 x 1 bedroom & 2 x 2 bedroom) all currently occupied. Tenants pay their own heat and hydro. The building is in good shape and has seen many repairs and renovations. Extensive renovations to one main floor unit have been completed since 2016 and various upgrades have been completed in the remaining units. Contact the listing agent for details. This is a great location in downtown Markdale, walking distance from shopping, schools, local businesses, the hospital, parks, the library, King Edward Rec Centre, etc. Nearby Highway 10 provides easy access to larger centres such as Owen Sound, Orangeville and the GTA, Collingwood is only 45 minutes to the east.
Out of courtesy to the tenants, please allow 24 hours notice for all showings. No Sunday showings or offers per owners’ request. Appliances in 1 main floor unit are owned by the tenant, all other appliances are included in the sale (3 fridges, 3 ovens, 4 carbon monoxide detectors, 4 smoke alarms, 2 hot water tanks). Remaining 2 hot water tanks are rentals costing $397.39/yr.
Good tenants and a well-kept building in a central location make this an excellent investment opportunity!