MLS #: X13749932Type: Multiplex, 2-StoreyApprox. SQFT: 3000-3500Basement: Other
77
46 x 68 ft lot
PROPERTY HISTORY
List Date
List Price
Last Status
Sold Date
Sold Price
Days On Market
0000-00-00
$00000
New
N/A
N/A
N/A
0000-00-00
$00000
Lsd
Aug 31
$995
0000-00-00
$00000
Ter
N/A
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N/A
0000-00-00
$00000
Lsd
Dec 06, 2024
$1,395
0000-00-00
$00000
Exp
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9.5% CAP RATE | 5 INCOME STREAMS | FULLY TENANTEDInvestors, take note! A strong 9.5% cap rate and immediate cash flow make this turnkey mixed use property a standout investment opportunity in the heart of downtown Ripley. Featuring one generous ground level retail store plus four residential apartments, including three 2 bedroom apartments and one stunning studio loft apartment, this property delivers five established income streams under one roof. Fully occupied and income producing from day one, the property offers diversified residential and commercial revenue with no vacancy to fill. Well maintained, centrally located and positioned for minimal management, this is the kind of straightforward income property investors look for. Five units. Full occupancy. 9.5% cap rate. Immediate income. Add this proven income producer to your portfolio and put your investment dollars to work from day one.
Listing Brokerage: Royal Lepage Exchange Realty Co. - Disclaimer: The information contained in this listing has not been verified by Royal Lepage Exchange Realty Co. and should be verified by the buyer.