16 Bedroom
    
    
          5100 sqft
      
  
    
    
    
          None
    
          Baseboard Heaters
    
    
    
      
  
      
    
    
    
    $1,999,000
  
  
  
  Seller states Cap Rate = 7.1%.  All figures to be verified by the Buyer. The "Blue Jay" is a large, two building multi residential rental property with 10 units located across from Clear Lake, with the public boat launch and beach close by. A New well system was installed December 2024. Each building has it's own separate septic system.  Evergreen Heights Public School and Highlands Child Care Centre is located 7 minutes away in Emsdale while the hustle and bustle of Huntsville is only 12 minutes away. A further income potential, the utility room has 3 hook up locations for laundry to add coin washers and dryers. Each unit has separate entrance. Parking accommodates 20+ vehicles. Building 1 has six large, 850+ Sq. Ft per unit, 2 bedroom units. Tenants pay their own hydro/heat. Every unit has had updates, 2 units renovated, 2021 & 2023. Building 2 is NOT subject to rent control, and was completed September 2019. 2 Units are 1 bedroom PLUS den, and 2 units are 1 bedroom, heat and hydro is included for these units.  With a current gross annual rent of $158,256.12 and low operating costs of $17,030.36 - this multi residential property could be a great investment to expand your portfolio! (id:46441)
  
  
  
    
  
  
	Business
	
Property Details
	
		
			| 
									MLS® Number
							 | 
			
				X12123533			 | 
		
                    
                | 
                    Property Type
                 | 
                
                    Multi-family                 | 
            
        
        
                    
                | 
                    Community Name
                 | 
                
                    Perry                 | 
            
        		
					
								
					| 
						 Parking Space Total
					 | 
					
						20					 | 
				
								
							
	
Building
	
																				
						
				| 
					 Bedrooms Total
				 | 
				
					16				 | 
			
																												
						
				| 
					 Appliances
				 | 
				
					Dishwasher, Dryer, Water Heater, Washer				 | 
			
																																																																									
						
				| 
					 Cooling Type
				 | 
				
					None				 | 
			
																																																															
						
				| 
					 Heating Type
				 | 
				
					Baseboard Heaters				 | 
			
																																	
						
				| 
					 Size Interior
				 | 
				
					5100 Sqft				 | 
			
																							
						
				| 
					 Type
				 | 
				
					Multi-family				 | 
			
																		
						
				| 
					 Utility Water
				 | 
				
					Drilled Well				 | 
			
													
	
	Land
	
		
							
										
						| 
							 Acreage
						 | 
						
							No						 | 
					
											
										
						| 
							 Sewer
						 | 
						
							Septic System						 | 
					
											
										
						| 
							 Size Frontage
						 | 
						
							205 Ft						 | 
					
											
										
						| 
							 Size Irregular
						 | 
						
							205.03 Ft ; Lot Size Irregular						 | 
					
											
										
						| 
							 Size Total Text
						 | 
						
							205.03 Ft ; Lot Size Irregular						 | 
					
											
										
						| 
							 Zoning Description
						 | 
						
							R3						 | 
					
										
		
	
        
	
	
        
                            https://www.realtor.ca/real-estate/28258489/1070-592-n-perry-perry