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Kearney, ON P0A 1M0,150 Main ST
Kearney, ON P0A 1M0,150 Main ST
Kearney, ON P0A 1M0,150 Main ST
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$999,900
Est. payment /mo
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9 Beds
9 Baths
Pending

150 Main ST Kearney, ON P0A 1M0

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Pending

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision Kearney

MLS Listing ID X12198376

Style Bungalow

Bedrooms 9

Annual Tax Amount $7,365

Tax Year 2024

Property Sub-Type Multiplex

Property Description

Local originators are retiring and are ready to hand off to a new visionary. Pride of ownership is evident in this 9-unit one floor apartment complex made up of from two separate buildings. Current owners have sought a more senior clientele, and always a waiting list of eager applicants for the ever so rare turnover. Each self-contained one-bedroom unit contains a separate entrance, foyer, three-piece bath, kitchen, dining area, living room, owned 20-gallon electric hot water tank, forced air propane furnace, and one rental propane tank. Tenants pay for propane and hydro. Owner pays propane tank rental. Total rental income for the properties last fiscal year ending January 31, 2025, was an estimated $94,817.50, and for the same total expenses for the same period $26,036 (includes management fee of $5,085 paid to one of the Directors). The resulting net income of $68,780. Detached garage 24.3 x 41.9. Total lot area is 1.9 acres. Call your Realtor to request rent roll, income and expense report, and other informative documents.

Location

Province ON

County Parry Sound

Community Kearney

Area Parry Sound

Rooms

Family Room No

Basement Crawl Space

Kitchen 9

Interior

Interior Features Primary Bedroom - Main Floor, Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Propane

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 418.0

Lot Depth 361.0

Total Parking Spaces 9

Building

Foundation Insulated Concrete Form

Listed by RE/MAX Parry Sound Muskoka Realty Ltd
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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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