595767 Highway 59, R.R. #6 Highway, East Zorra-Tavistock

$1,000,000
16 bed · 9 bath · Multiplex
MLS®#: X14163652 · Status: New
Listed by: Gale Group Realty Brokerage Ltd
About this property
Are you a residential investor looking for incredible cash flow? This rare 9-plex can be yours! VALUE-ADD! Approximately 10 minutes north of Woodstock, 20 minutes south of Stratford. Eight 2BR units + one bachelor in a country setting with strong demand for affordable rentals. Steel Roof on main building. Each unit has its own heat source: The 2 bedroom units have their own furnace for individual tenant control and management of expenses. Shared, coin-operated laundry. Water supply from well, treated with two-stage filtration and UV light, regularly tested for potability. The building will benefit from updates but rents are generating excellent cash flow. A proactive, hands-on investor can clean up and make improvements over time for major upside.
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