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The Blue Jay presents a prime opportunity for investors seeking stable returns in a high-demand rental area. This well-maintained 10-unit building features six 850 sq ft 2-bedroom units, two 1-bedroom + den units, and two 1-bedroom units. Each unit is thoughtfully laid out to maximize space and functionality, appealing to a wide range of tenants. Located just a short walk from lake access and nestled against a serene forested backdrop, The Blue Jay offers a natural setting that attracts tenants looking for both tranquility and proximity to outdoor activities. The property currently generates $156,000 in annual rental income with low annual operating expenses, providing immediate cash flow for prospective buyers. With solid rental income and a desirable location, The Blue Jay is an investment opportunity you don’t want to miss. Come and explore the potential this property offers for your portfolio! (id:11731)
MLS® Number | 40666008 |
Property Type | Multi-family |
Community Features | Quiet Area |
Features | Crushed Stone Driveway |
Parking Space Total | 20 |
Bathroom Total | 10 |
Bedrooms Total | 16 |
Basement Type | None |
Cooling Type | None |
Exterior Finish | Vinyl Siding |
Foundation Type | Block |
Heating Fuel | Electric |
Stories Total | 2 |
Size Interior | 5100 Sqft |
Utility Water | Well |
Access Type | Water Access, Road Access, Highway Access |
Acreage | No |
Sewer | Septic System |
Size Frontage | 205 Ft |
Size Total Text | 1/2 - 1.99 Acres |
Zoning Description | R3 |
https://www.realtor.ca/real-estate/27562570/1070-592-highway-n-emsdale
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