N8146190 | 378 Mara Rd

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378 Mara Rd
Brock ON , L0K 1A0 , CAN

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$1,400,000.00

MLS® N8146190

Investment

Annual Tax Amount:	$5,960.57
Lot Frontage:	88 Feet
Lot Depth:	201.58 Feet
Total Bathrooms:	6

Remarks:

Welcome to this Legal 5-Plex On a Huge 0.4 Acre Lot with a 5.8% CAP Rate!. Five 2-Bedroom Apartments with Legal NC Status. Just Over $9,000/Mo Gross Rents making this the perfect Investment. This property features Hardwood Floors, Lots Of Parking (Over 12 Cars), New Boiler (2022), 4/5 Units Upgraded With New Kitchens And Updated Bathrooms (2021/2022), 6 Hydro Meters, New Thermostat for all units, Heat Detection System and Much More!. Short Walk To Lake Simcoe And Downtown Beaverton, Beaverton Public School At Backyard Of Property, Close to Groceries Stores, and all Amenities making This The PERFECT Income Generating Asset

Expenses under $1,200/month (Taxes, insurance, Utilities). R3 Zoning 6 hydro meters (1 per unit plus 1for common areas).

Property Features:

Air Conditioning: No
Occupancy: Tenant
Sewers: Sanitary
Utilities: Yes
Water: Municipal
Approx Age: 100+

Building Features:

Basement: Yes
Elevator: None
Garage Type: None
Heat Type: Gas Hot Water

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

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