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195-197 WALTON STREET, Port Hope, Ontario, L1A1N7

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For sale, ID#: X9256092
195-197 WALTON STREET
Port Hope Ontario
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$1,535,000

An exceptional opportunity to acquire a turn-key investment property in the thriving community of Port Hope. This multi-residential building boasts seven units, six of which have been completely renovated with modern finishes, attracting quality tenants. All tenants pay their own hydro, reducing landlord expenses. With Port Hope's consistently low vacancy rate, this property offers excellent income stability and growth potential. Strategically located, this property is perfectly positioned to capitalize on Port Hope's growing demand for rental housing. Whether you're a seasoned investor or looking to expand your portfolio, this property is a must-see for anyone seeking a strong return on investment in a robust rental market. Don't miss out on this rare opportunity to secure ahigh-performing asset in this desirable markets. There is further upside to be realized when tenants turn over or by separating heat and water expenses to future tenants. (id:2471)

Representative
Ricardo Melendro
Ricardo MelendroDND-IRP Registered Sales Representative
Royal LePage ProAlliance Realty Brokerage - Trenton
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Property Details
  • Property Address: 195-197 WALTON STREET, Port Hope, Ontario, L1A1N7
  • Community Name: Port Hope
  • Property Type: Multi-family
  • Zoning Description: R2
  • Lot Size: 62.8 x 392.37 FT
  • Acreage: 62.8 x 392.37 FT
  • Sewage Type: Sanitary sewer
  • Water Type: Municipal water
  • Total Parking Spaces: 7
Structure Details
  • Structure Style: Multi-Family
  • Floor Space: 24641.09 sqft
  • Heating Type: Natural gas, Other
  • Appliances Included: Refrigerator, Stove
Neighbourhood Information

Listing Office: RE/MAX JAZZ INC.

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195-197 WALTON STREET, Port Hope, Ontario, L1A1N7

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