195-197 Walton Street Port Hope, Ontario L1A 1N7
$1,550,000
Stunning turnkey 7-unit multifamily property located just outside of the GTA in Port Hope. Grossing over $125,000.00 annually with a 5.4% cap rate and further upside potential! Most units have been renovated with some additional capital expenditures completed within recent years. Hydro is split and paid for by all tenants! Enjoy passive cash flow with the ability to purchase on CMHC financing for a lowered interest rate, longer amortization and stronger loan-to-value. Showings welcomed! (id:41954)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X9011650 |
| Property Type | Multi-family |
| Community Name | Port Hope |
| Amenities Near By | Recreation |
Building
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 24983 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Recreation |
| Size Irregular | 68.8 X 392.37 Ft |
| Size Total Text | 68.8 X 392.37 Ft |
https://www.realtor.ca/real-estate/27126416/195-197-walton-street-port-hope-port-hope
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July 04 2024 05:42:14
Toronto Real Estate Board
Exp Realty