SoldDetached

2 MAHAFFEY Court

Name: 2 Mahaffey Court - Sold May 2017
Brand: RE/MAX NORTH COUNTRY REALTY INC., BROKERAGE, BRACEBRIDGE - M220
Price: 280000 CAD
Availability: SoldOut

Cochrane Remote Area

2 Mahaffey Court

Cochrane Remote Area

$399,900

Sold For$280,000

Listed For $379,900

Sold May 2017

5 + 3 Bedrooms Bedrooms

5 Bathrooms Bathrooms

0 Garage Garage

Description

Presently used as an annex for a neighboring inn, this all brick, former Salvation Army Citadel, has 7 separate units, 6 are one bedroom with separate bathrooms, some with spa jet tubs, and 1 is a 2 bedroom unit. Subject has potential for an attractive owners' 2 bdrm apartment occupying the front of the building. The remaining 5 income units would all have separate entries. Income could come from the inn or longer term rental tenants. Some retrofit will be required. Asking $379,900.00.

Key facts for 2 MAHAFFEY Court

Property TypeDetached, 2-Storey

Size2500-3000 ft²

Parking FeaturesPrivate

Listing #T11473595

Days on Market--

Listing BrokerageRE/MAX NORTH COUNTRY REALTY INC., BROKERAGE, BRACEBRIDGE - M220

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Cash Flow Analysis

Est. Mortgage Payment

$1,855/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$5.9% net yield

Net Monthly Cash Flow$195

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