2236 Line 34 Active

Shakespeare,ON N0K 1J0

$ 1399000

6 Beds

4 Baths

3869 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-4 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 3,869 sqft

Price per Sqft $361

MLS Listing ID 40632739

Bedrooms 6

Abv Grd Liv Area 5,159

Originating Board Woodstock-Ingersoll Tillsonburg

Year Built 2022

Annual Tax Amount $4,819

Property Description

Discover a hassle-free investment opportunity with this 2022-built property, generating nearly $100k in annual rental income with a 6.25% cap rate! This property features one commercial unit and three luxury residential units, each offering 2 bedrooms and 1 bath. The residential units boast high-end finishes and upgrades, including quartz countertops, ceramic tile flooring and shower, his and her sinks, cheater ensuites, and stainless steel appliances including dishwashers. Each unit also includes a full-size, stacked washer and dryer. Tenants enjoy separate utilities with individual meters, ensuring ease of management. The commercial unit faces the busy 7/8 Highway between Kitchener and Stratford, providing excellent visibility. Whether you're looking to add to your portfolio or make your money work for you, this property is a standout choice.

Location

Province ON

County Perth

Area Perth East

Zoning C-1

Direction Line 34 Between James Street and Galt Street

Rooms

Basement Full,Finished

Kitchen 0

Interior

Interior Features Built-In Appliances,Separate Heating Controls,Separate Hydro Meters

Heating Forced Air,Natural Gas

Cooling Central Air

Fireplace No

Appliance Dishwasher,Dryer,Refrigerator,Stove,Washer

Laundry In-Suite

Exterior

Exterior Feature Separate Hydro Meters

Waterfront No

Roof Type Asphalt Shing

Lot Frontage 103.35

Garage No

Building

Lot Description City Lot,Near Golf Course,Highway Access,Open Spaces,Park,Place of Worship,Playground Nearby,Rec./Community Centre,Schools,Shopping Nearby

Faces Line 34 Between James Street and Galt Street

Story 3

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 3

Structure Type Stone,Stucco

New Construction No

Others

Senior Community false

Tax ID 530830091

Ownership Freehold/None

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