$6,800/month in rental income from day one, with an impressive 7.93% cap rate. At 20% down, this property cash flows over $2,000/month. A rare turnkey investment in Kincardine. Welcome to 14 Church St, a fully tenanted 7-bedroom bungalow set up for maximum cash flow with minimal work. 4 bedrooms on the main level, 3 more on the lower level with its own separate entrance and brand new kitchen. Nearly 3,000 sqf of living space - a true room-rental setup already producing income. Double car garage, huge 63' x 294' lot, parking for 11 vehicles. 10 minutes to Bruce Power, 5 minutes to the beach, 15 to Port Elgin. Investors: the numbers speak for themselves. Book your showing today. (id:4555)
PROPERTY SPECS
Price $899,000
City Kincardine, Ontario
Bed / Bath 7 / 3 Full
Address 14 Church Street
Listing ID X13530238
Style Bungalow, House
Parking 8.00
Type Residential
Status For Sale
EXTENDED FEATURES
SubtypeSingle FamilyFeaturesSump Pump, In-Law SuiteOwnershipFreeholdBasementFinished, Separate entrance, Walk out, N/AHeating / CoolingForced air, Natural gasSewerSanitary sewerParking8.00