REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,599,000
Est. payment /mo
New
150 Main ST Kearney, ON P0A 1M0
9 Beds
9 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision Kearney
MLS Listing ID X12198376
Style Bungalow
Bedrooms 9
Annual Tax Amount $7,365
Tax Year 2024
Property Sub-Type Multiplex
Property Description
9 unit one floor apartment complex made up of from two separate buildings. Each self-contained one-bedroom unit contains a separate entrance, foyer, three-piece bath, kitchen, dining area, living room, owned 20-gallon electric hot water tank, forced air propane furnace, and one rental propane tank. Tenants pay for propane, propane tank rental, and hydro. Total rental income for the properties last fiscal year ending January 31, 2025, was an estimated $94,817.50, and for the same total expenses for the same period $26,036 (includes management fee of $5,085 paid to one of the owners). These result in a net income of $68,780. Detached garage 24.3 x x 41.9. Total lot area is 1.9 acres.
Location
State ON
County Parry Sound
Community Kearney
Area Parry Sound
Rooms
Family Room No
Basement Crawl Space
Kitchen 9
Interior
Interior Features Primary Bedroom - Main Floor, Separate Hydro Meter
Cooling None
Fireplace No
Heat Source Propane
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 418.0
Lot Depth 361.0
Total Parking Spaces 9
Building
Foundation Insulated Concrete Form
Listed by RE/MAX Parry Sound Muskoka Realty Ltd