
Listed For $899,900
Added 3 months ago
6 Baths
29665 Square Feet
Investment
$5,557 Tax / yr
-
Bedrooms
6
Bathrooms
-
Garages
29665
Square Feet
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Attention Investors! Exceptional opportunity to own a fully tenanted 5-plex in the heart of downtown Bancroft, offering an attractive 8.2% cap rate and strong, reliable returns. This well-maintained income property features five beautifully renovated and well-appointed apartments, all leased to AAA tenants, providing immediate, dependable cash flow with minimal management concerns. Designed for comfortable modern living, each spacious unit has been thoughtfully updated with quality finishes and features that appeal to today's tenants. The property also includes the added convenience of on-site coin laundry, creating an additional source of income. The building is equipped with individual hydro meters for each unit, helping to reduce operating expenses. Ideally situated within walking dista
Census area 35120236; area-wide figures, not facts about this home.
Adapted from Statistics Canada, 2021 Census of Population, Census Profile, 2021. This does not constitute an endorsement by Statistics Canada of this product.