$499,000

About this property

Excellent investment opportunity in the heart of downtown Bracebridge. This well-located two-storey multiplex offers five residential apartments with approximately 4,620 sq. ft. of total living space, within walking distance of downtown shops, restaurants, services and amenities. The building features a versatile mix of units, including two 2-bedroom apartments, two 1-bedroom apartments and one spacious 3-bedroom apartment. Main-floor Units 5 and 6 feature raised ceilings, adding to the sense of space. A shared vestibule provides convenient on-site laundry with washer and dryer, while a large front-yard parking area offers ample parking for residents. Unit 5 is heated by a forced-air natural gas furnace and features central air conditioning, while the remaining four units are heated by electric baseboard. Tenants are responsible for their own heat and hydro, helping to keep operating expenses manageable. With five residential units, substantial square footage, on-site parking and a convenient downtown location, this property offers an attractive opportunity for investors looking to expand their multi-residential portfolio. (id:66946)

Features