195-197 Walton Street Port Hope, Ontario L1A 1N7
$1,300,000
An exceptional opportunity to acquire a turn-key investment property in the thriving community of Port Hope. This multi-residential building boasts seven units, all units 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 a high-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. ***MOTIVATED SELLER Opportunity to bundle multiple listings for a better CAP and price. See MLS listings X12151686, X12151707, X11893749, X12151667. Willing to sell these 27 units at an overall reduced price. (id:49269)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | X12151667 |
| Property Type | Multi-family |
| Community Name | Port Hope |
| ParkingSpaceTotal | 7 |
Building
| Appliances | Dryer, Stove, Two Washers, Refrigerator |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| SizeInterior | 24641 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 392 Ft ,4 In |
| SizeFrontage | 62 Ft ,9 In |
| SizeIrregular | 62.8 X 392.37 Ft |
| SizeTotalText | 62.8 X 392.37 Ft |
| ZoningDescription | R2 |
https://www.realtor.ca/real-estate/28319389/195-197-walton-street-port-hope-port-hope
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 18 2025 07:50:16
Durham Region Association of REALTORS®
RE/MAX Jazz Inc.