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About the Listing 547700 -
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.
Listing Highlights for 150 Main St
Status
Pending
Days on Site
97
Property Type
Multi-Family
MLS ®
X12198376
Year Built
Total Square Footage
5,000
Lot/Acreage
1.9
Interior Details
- Bedrooms: 9
- Bathrooms: 9 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Crawl Space
- Other: Primary Bedroom - Main Floor,Separate Hydro Meter
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Asphalt Shingle
- Others:
- Sewer: Septic
Financial Details
- Tax Amount: $7,366
- Taxes w/Assessments: N/A
- Tax/Property ID: 521600224
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
150 Main St Kearney, ON P0A 1M0
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