MLS #: X13751002Type: Multiplex, 2-StoreyApprox. SQFT: 1100-1500Basement: Other
44
25 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
Ter
N/A
N/A
N/A
0000-00-00
$00000
Lsd
Jul 17, 2025
$1,295
0000-00-00
$00000
Ter
N/A
N/A
N/A
10.2% CAP RATE | 3 INCOME STREAMS | FULLY TENANTED Investors, take note! An impressive 10.2% cap rate and immediate cash flow make this turnkey mixed use property a strong investment opportunity in the heart of downtown Ripley. Featuring one generous ground level retail store plus two spacious 2 bedroom apartments, this property delivers three established income streams under one roof. Fully occupied and income producing from day one, investors can step directly into an established property with no vacancy to fill. Well maintained and ideally positioned in the village core, the property offers a diversified mix of residential and commercial revenue with minimal management required. Conveniently located close to local shops, services and community amenities, this is a straightforward income property offering an attractive return. Three units. Full occupancy. 10.2% cap rate. Immediate income. Add this proven income producer to your portfolio and start generating revenue 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.