141 Youngfox ROAD

Blind River, Ontario, P0R1B0, Canada

$500,000

Who else wants to be a millionaire? When was the last time you could take advantage of buying a property with creative financing! Better yet, are you already a cash millionaire! This one property with a realistic potential cap rate of 10% and possibly higher may be your ticket to a financial windfall and a wealthy retirement. You do the math: Twelve two bedroom approx. 875 square foot units at $1,350 each per month and the tenants pay utilities gives you $194,400 income per year. At a very low and realistic net income of $138,240 times a cap rate of 10% makes this property worth $1,382,400. With properties today selling at 5% cap rates, this one property all by itself could be worth $2,764,800. Doesn’t that make you a millionaire? For a more detailed information package contact Listing Agent.

Last updated on : Friday 19th of July 2024 12:08:06 PM

ADDRESS

Street : 141 Youngfox ROAD

City : Blind River

Province : Ontario

Country : Canada

Postal Code : P0R1B0

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PROPERTY SUMMARY

Property ID : 24016207

Building Type : Multi-Family

Property Type : Multi-family

Parking : 12

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