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1070 592 Highway N Emsdale, Ontario P0A 1J0

16 Bedroom 10 Bathroom 5100 sqft
None

$2,150,000

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 donโ€™t want to miss. Come and explore the potential this property offers for your portfolio! (id:56991)

Property Details

MLS® Number 40666008
Property Type Multi-family
CommunityFeatures Quiet Area
Features Crushed Stone Driveway
ParkingSpaceTotal 20

Building

BathroomTotal 10
BedroomsTotal 16
BasementType None
CoolingType None
ExteriorFinish Vinyl Siding
FireplacePresent No
FoundationType Block
HeatingFuel Electric
StoriesTotal 2
SizeInterior 5100 Sqft
UtilityWater Well

Land

AccessType Water Access, Road Access, Highway Access
Acreage No
Sewer Septic System
SizeFrontage 205 Ft
SizeTotalText 1/2 - 1.99 Acres
ZoningDescription R3

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