Bracebridge - Monck (Bracebridge)
Bracebridge - Monck (Bracebridge)
Sold For$240,000
Listed For $289,900
Sold Jun 2016
Opportunity Knocks For The Investor Who Wishes To Own A Quadra-Plex. Located In A Desirable Neighbourhood Close To Downtown Bracebridge, This Property Is Zoned To Allow Transforming This Large 2 Storey Home Into A Four Unit Building. The Purchase Price And Cost Of Renovations Suggest That The Overall Investment Would Give The Buyer A Finished Product (Completely Updated) That, Based On Current Rents, Would Yield A 10% Cap Rate.
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