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MLS®: X12198376 |
Status: For sale
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Location:
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150 MAIN STREET, Kearney Ontario, P0A1M0
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Description: |
Conditionally Sold with NO Escape clause until December 31, 2025. Local originators are retiring and are ready to hand off to a new visionary. Pride of ownership is evident in this 9-unit one floor apartment complex made up of from two separate buildings. Current owners have sought a more senior clientele, and always a waiting list of eager applicants for the ever so rare turnover. Each self-contained one-bedroom unit contains a separate entrance, foyer, three-piece bath, kitchen, dining area, living room, owned 20-gallon electric hot water tank, forced air propane furnace, and one rental propane tank. Tenants pay for propane and hydro. Owner pays propane tank rental. Total rental income for the properties last fiscal year ending January 31, 2025, was an estimated $94,817.50, and for the same total expenses for the same period $26,036 (includes management fee of $5,085 paid to one of the Directors). The resulting net income of $68,780. Detached garage 24.3 x 41.9. Total lot area is 1.9 acres. Call your Realtor to request rent roll, income and expense report, and other informative documents. (id:2471) | |
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Property: |
| Type: Multi-family |
| Lot Dimensions: 418 x 361 FT | Acreage: 418 x 361 FT |
| Sewer: Septic System |
| Structures: Drive Shed |
| Parking Type: No Garage |
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Structure: |
| Style: Other | Square Footage: 5000 - 100000 sqft |
| Bedrooms: 9 | Bathrooms: 9 |
| Heating: Forced air |
| Heating Type: Propane |
| Cooling Type: None |
| Exterior: Vinyl siding |
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Foundation Type: Insulated Concrete Forms |
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Rooms: |
| Type |
Level |
Dimensions |
| Foyer | Main level | 1.55 m x 1.52 m | | Bathroom | Main level | 1.55 m x 2.7 m | | Bathroom | Main level | 1.55 m x 2.7 m | | Bathroom | Main level | 1.55 m x 2.7 m | | Bathroom | Main level | 1.55 m x 2.7 m | | Bathroom | Main level | 1.55 m x 2.7 m | | Kitchen | Main level | 2.4 m x 2.43 m | | Dining room | Main level | 2.37 m x 2.34 m | | Living room | Main level | 3.07 m x 3.74 m | | Bedroom | Main level | 3.29 m x 3.04 m | | Bathroom | Main level | 1.55 m x 2.7 m | | Bathroom | Main level | 1.55 m x 2.7 m | | Bathroom | Main level | 1.55 m x 2.7 m | | Bathroom | Main level | 1.55 m x 2.7 m | |
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Features:
 | Irregular lot size |
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Royal LePage - Lakes of Haliburton, Brokerage
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Listing Office: RE/MAX Parry Sound Muskoka Realty Ltd
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