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Great investment opportunity in excellent central location. Four separate apartments within walking distance of shops & restaurants of downtown Collingwood, area schools, YMCA & short drive to private & public ski hills. All four units are currently vacant. Tenants paid heat & hydro (separate meters) and Owner paid gas hot water & water/sewer usage. Low maintenance property. Each unit has exclusive entrance & private deck. Apt 1, 2 & 3 have kitchen & living room on lower level, 2 bed + 4 pc bath on upper level. Apt 1 all on one level with 1 bed + 4 pc bath. This property has potential to net $73,333 per year with CAP rate of 6.67%. (id:35412)
VIRTUAL TOURhttps://www.realtor.ca/real-estate/26217480/78-fourth-street-w-collingwood
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