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.
Details
N12930430
12
$1,425,000
Tenant
None
6 + 6
2-Storey
11
6
5000 + Sqft
0.43 Acres
31-50
Multiplex
Sale
Additional details
Baseboard / Electric
R5
$5605.58
2025
PT LT 30 CON 3 ESSA AS IN RO852721; SURFACE RIGHTS ONLY ; ESSA
N/A
N
0.43
None
None
Year Round Living
Golf,Other,Place Of Worship,Rec./Commun.Centre,School
Municipal
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Schools Nearby
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FAQ
What is the total square footage of the N12930430 - 94 King Street, Essa, ON L0M 1B0?
The total square footage of this property is 5000 + SqFt.
What schools near to N12930430 - 94 King Street, Essa, ON L0M 1B0?