$1,425,000
Available - For Sale
Listing ID: N12930430
94 King Street , Essa, L0M 1B0, Simcoe
| 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. |
| Price | $1,425,000 |
| Taxes: | $5605.58 |
| Occupancy: | Tenant |
| Address: | 94 King Street , Essa, L0M 1B0, Simcoe |
| Acreage: | < .50 |
| Directions/Cross Streets: | Mill St/King St |
| Rooms: | 23 |
| Bedrooms: | 11 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | None |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 3 | Second |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 31-50 |
| Property Type: | Multiplex |
| Style: | 2-Storey |
| Exterior: | Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Private, R |
| Drive Parking Spaces: | 12 |
| Park #1 | |
| Parking Type: | Private, R |
| Park #2 | |
| Parking Type: | Private |
| Park #3 | |
| Parking Type: | Reserved/A |
| Pool: | None |
| Approximatly Age: | 31-50 |
| Approximatly Square Footage: | 5000 + |
| Property Features: | Golf, Other |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Baseboard |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
| Utilities-Cable: | A |
| Utilities-Hydro: | Y |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX HALLMARK PEGGY HILL GROUP REALTY |
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|
Lynn Tribbling
Sales Representative
Dir:
416-252-2221
Bus:
416-383-9525
| Virtual Tour | Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Simcoe |
| Municipality: | Essa |
| Neighbourhood: | Angus |
| Style: | 2-Storey |
| Approximate Age: | 31-50 |
| Tax: | $5,605.58 |
| Beds: | 11 |
| Baths: | 6 |
| Fireplace: | N |
| Pool: | None |
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