3246 County Road 2 Road

For Sale
14.49 BTC
3246 County Road 2 Road, Otonabee-South Monaghan
3246 County Road 2 Road
3246 County Road 2 Road
3246 County Road 2 Road
3246 County Road 2 Road
3246 County Road 2 Road
3246 County Road 2 Road
3246 County Road 2 Road
3246 County Road 2 Road
9
BEDROOMS
8
BATHROOMS
5
KITCHENS
35
ROOMS
X14115942
MLSID
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Property Description
This low-maintenance multiplex features 5 residential units, 4 office spaces, and 2 retail spaces, offering a diverse mix of income-generating opportunities. The property also includes an adjoining vacant parcel of land measuring approximately 66' x 223', presenting exciting potential for future development and added value, subject to approvals. The 5 rented apartments generate $91,740 in annual rental income, with the vacant office and retail spaces offering an estimated $43,200 in potential annual income once leased. Factor in the low-maintenance ownership, streamlined utilities, established rental income, and multiple value-add opportunities, and you have an exceptional investment property offering both immediate income and exciting potential for future growth.
Property Features
Storage, Private Triple, Private
Property Details
Property Type
Multiplex
Lot Size
192' x 223'
Acreage
1.0 Feet
Taxes
$7,765 (2026)
Basement
None
Heat Type
Radiant
Heat Source
Gas
Water
Well
Parking Spaces
12
Garage Type
None
Listing contracted with Royal Service Real Estate Inc.
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