LOADING

150 Main Street Kearney, Ontario P0A 1M0

9 Bedroom 9 Bathroom 5,000 - 100,000 ft2
Bungalow Forced Air

$999,900

Local originators are retiring and are ready to hand off to a new visionary. Pride of ownership is evident in this 9-unit one floor apartment complex made up of from two separate buildings. Current owners have sought a more senior clientele, and always a waiting list of eager applicants for the ever so rare turnover. Each self-contained one-bedroom unit contains a separate entrance, foyer, three-piece bath, kitchen, dining area, living room, owned 20-gallon electric hot water tank, forced air propane furnace, and one rental propane tank. Tenants pay for propane and hydro. Owner pays propane tank rental. Total rental income for the properties last fiscal year ending January 31, 2025, was an estimated $94,817.50, and for the same total expenses for the same period $26,036 (includes management fee of $5,085 paid to one of the Directors). The resulting net income of $68,780. Detached garage 24.3 x 41.9. Total lot area is 1.9 acres. Call your Realtor to request rent roll, income and expense report, and other informative documents. (id:56991)

Property Details

MLS® Number X12198376
Property Type Multi-family
Community Name Kearney
Features Irregular Lot Size
ParkingSpaceTotal 9
Structure Drive Shed

Building

BathroomTotal 9
BedroomsAboveGround 9
BedroomsTotal 9
Amenities Separate Electricity Meters
Appliances Dryer, Stove, Washer, Refrigerator
ArchitecturalStyle Bungalow
BasementType Crawl Space
ExteriorFinish Vinyl Siding
FireplacePresent No
FoundationType Insulated Concrete Forms
HeatingFuel Propane
HeatingType Forced Air
StoriesTotal 1
SizeInterior 5,000 - 100,000 Ft2
Type Other

Parking

No Garage

Land

Acreage No
Sewer Septic System
SizeDepth 361 Ft
SizeFrontage 418 Ft
SizeIrregular 418 X 361 Ft
SizeTotalText 418 X 361 Ft
ZoningDescription Rts

Rooms

Level Type Dimensions
Main Level Foyer 1.55 m x 1.52 m
Main Level Bathroom 1.55 m x 2.7 m
Main Level Bathroom 1.55 m x 2.7 m
Main Level Bathroom 1.55 m x 2.7 m
Main Level Bathroom 1.55 m x 2.7 m
Main Level Bathroom 1.55 m x 2.7 m
Main Level Kitchen 2.4 m x 2.43 m
Main Level Dining Room 2.37 m x 2.34 m
Main Level Living Room 3.07 m x 3.74 m
Main Level Bedroom 3.29 m x 3.04 m
Main Level Bathroom 1.55 m x 2.7 m
Main Level Bathroom 1.55 m x 2.7 m
Main Level Bathroom 1.55 m x 2.7 m
Main Level Bathroom 1.55 m x 2.7 m

Utilities

Electricity Installed

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