141 Youngfox Road Blind River, ON

PROPERTY INFO

Who else wants to be a millionaire? When was the last time you could take advantage of buying a property with creative financing! Better yet, are you already a cash millionaire! This one property with a realistic potential cap rate of 10% and possibly higher may be your ticket to a financial windfall and a wealthy retirement. You do the math: Twelve two bedroom approx. 875 square foot units at $1,350 each per month and the tenants pay utilities gives you $194,400 income per year. At a very low and realistic net income of $138,240 times a cap rate of 10% makes this property worth $1,382,400. With properties today selling at 5% cap rates, this one property all by itself could be worth $2,764,800. Doesn’t that make you a millionaire? For a more detailed information package contact Listing Agent. (id:4555)

PROPERTY SPECS

Listing ID 24016207
Address 141 Youngfox ROAD
City Blind River, ON
Price $500,000
Construction Brick, Stucco
Flooring Other
Land Size 165.98 ft x 152.73 ft x 169.11 ft x 152.39 ft
Type Multi-Family
Status For sale

EXTENDED FEATURES

Year Built 1978Ownership FreeholdCooling NoneHeating Fuel Electric Date Listed 2024-07-15 16:03:14Days on Market 129

REQUEST MORE INFORMATION

LISTING OFFICE:
Vision Realty Windsor, Vic Pattenaude

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" Domenika Selmani Is very propositional, she is very trust worthy and Expert in Windsor and Sub real state. buying home is very stressful as it is one of the most important investment that you make in your life and you want to take that step when you have someone who can help you to their best capacity. You want to have it done right give Domenika a call. "
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