ON > Port Hope
Port Hope, ON L1A 1N7,195-197 Walton ST
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Port Hope, ON L1A 1N7,195-197 Walton ST
Port Hope, ON L1A 1N7,195-197 Walton ST
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Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 1,535,000
Est. payment /mo
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195-197 Walton ST Port Hope, ON L1A 1N7

24,641 SqFt

UPDATED:

12/16/2024 09:12 PM

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 24,641 sqft

Price per Sqft $62

MLS Listing ID X9256092

Annual Tax Amount $12,801

Tax Year 2024

Property Description

An exceptional opportunity to acquire a turn-key investment property in the thriving community of Port Hope. This multi-residential building boasts seven units, six of which have been completely renovated with modern finishes, attracting quality tenants. All tenants pay their own hydro, reducing landlord expenses. With Port Hope's consistently low vacancy rate, this property offers excellent income stability and growth potential. Strategically located, this property is perfectly positioned to capitalize on Port Hope's growing demand for rental housing. Whether you're a seasoned investor or looking to expand your portfolio, this property is a must-see for anyone seeking a strong return on investment in a robust rental market. Don't miss out on this rare opportunity to secure ahigh-performing asset in this desirable markets. There is further upside to be realized when tenants turn over or by separating heat and water expenses to future tenants.

Location

Province ON

County Northumberland

Community Port Hope

Area Northumberland

Region Port Hope

City Region Port Hope

Interior

Cooling No

Exterior

Garage Spaces 7.0

Utilities Available Available

Listed by RE/MAX JAZZ INC.
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195-197 Walton ST