94 King Street, Essa, ON, L0M 1B0
Property Details
11
6
Multiplex
Description
Property Details: - Type: Multiplex - Bedrooms: 11 - Bathrooms: 6 - MLS#: N12930430 Listed By: RE/MAX HALLMARK PEGGY HILL GROUP REALTY
TURN-KEY MULTIPLEX ON A DOUBLE LOT WITH ESTABLISHED TENANTS IN PLACE & CASH FLOW POTENTIAL! Positioned in the heart of Angus within a high-growth area, this turn-key 6-plex offers investors the chance to acquire a substantial multi-residential asset with solid income potential. Set on a double lot with 250 feet of frontage, the property features 11 bedrooms and 6 bathrooms across 5 two-bedroom units and 1 one-bedroom unit, with established tenants already in place. Tenants pay their own heat and hydro, supporting a practical ownership structure. A re-paved driveway provides 12 assigned parking spaces, with additional room to expand parking if needed. Added value comes through a durable steel roof, extra attic insulation, and 6 updated, fully owned hot water tanks. R5 zoning may permit future development or expansion, adding further appeal for buyers looking beyond the existing use. Daily essentials are within walking distance, including restaurants, Angus Morrison Elementary School, a hardware store, a convenience store, and transit, while CFB Borden is just 5 minutes away, and Alliston, Barrie, and Wasaga Beach are all within a 20-minute drive. LINX Transit nearby adds convenient connections to Barrie and Wasaga Beach. For investors with an eye for where value lives, this 6-plex could be exactly what your portfolio has been missing. This multiplex home located at 94 King Street, Essa is currently for sale and has been available on Zolo.ca for 1 day. This property is listed at $1,425,000 with an estimated mortgage of $5,245* per month. It has 11 beds, 6 bathrooms, and is 5000 + square feet. The property was built in 31-50. 94 King Street, Essa is in the Angus neighborhood Essa. Rural Essa, Stayner and Creemore are nearby neighborhoods.
Location
Address
94 King Street, Essa, ON, L0M 1B0
City
Essa
Features and Finishes
None
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