$6,800/month in rental income from day one, with an impressive 7.93% cap rate. At 20% down, this property cash flows over $2,000/month. A rare turnkey investment in Kincardine. Welcome to 14 Church St, a fully tenanted 7-bedroom bungalow set up for maximum cash flow with minimal work. 4 bedrooms on the main level, 3 more on the lower level with its own separate entrance and brand new kitchen. Nearly 3,000 sqf of living space - a true room-rental setup already producing income. Double car garage, huge 63' x 294' lot, parking for 11 vehicles. 10 minutes to Bruce Power, 5 minutes to the beach, 15 to Port Elgin. Investors: the numbers speak for themselves. Book your showing today. (id:4069)
Address
14 CHURCH STREET
List Price
$899,000
Property Type
Single Family
Type of Dwelling
House
Style of Home
Bungalow
Transaction Type
Sale
Area
Ontario
Sub-Area
Kincardine
Bedrooms
7
Bathrooms
3
Floor Area
1100 - 1500 Sq. Ft.
Lot Size
60 x 294.6 FT Sq. Ft.
Lot Depth
294 ft ,7 in
Frontage Length
60 ft
MLS® Number
X13530238
Listing Brokerage
HOUSESIGMA INC.
Basement Area
N/A, N/A (Finished)
Postal Code
N0G2T0
Ownership
Freehold
Parking Places (Total)
8
Features
Sump Pump, In-Law Suite
Heat Source
Natural gas
Heat Type
Forced air
Cooling Features
Central air conditioning
Foundation Details
Block
Number Of Floors In Building
1
Water Source
Municipal water
Sewer
Sanitary sewer
