Multi-family for sale
375 Hixon Sub Road, Hixon
$679,000
Features
Year Built
1963
Floor Area
2,080 sqft
Lot Size
174,240 sqft
Gross Property Tax
$4,726.68 /year
Building Type
Residential Mix
Zoning
BYLAW NO. 932
Suite Mix Information
5 x 1 ½, 2 x 2 ½, 2 x 3 ½
Financial Summary
$5,202
Description
Great investment opportunity and 1 of the rare chances to own a mobile home park and a multi unit complex. This unique property is composed of 1 single-family dwelling, 7 rental cabins, 6 mobile rental pads, and 3 outbuildings. The mobile home park currently rents 2 pads and owns another unit in the complex, there is a great opportunity to rent the other 3 pads or move some mobiles into the park to rent as well. With a 7+% cap rate and room to increase the income this is a great investment in todays market.
MLS® Number C8057434