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94 King Street Essa (Angus), Ontario L0M 1B0

11 Bedroom 6 Bathroom 5000 - 100000 sqft
None Baseboard Heaters

$1,425,000

TURN-KEY MULTIPLEX ON A DOUBLE LOT WITH ESTABLISHED TENANTS IN PLACE & CASH FLOW POTENTIAL! Positioned in the heart of Angus within a high-growth area, this turn-key 6-plex offers investors the chance to acquire a substantial multi-residential asset with solid income potential. Set on a double lot with 250 feet of frontage, the property features 11 bedrooms and 6 bathrooms across 5 two-bedroom units and 1 one-bedroom unit, with established tenants already in place. Tenants pay their own heat and hydro, supporting a practical ownership structure. A re-paved driveway provides 12 assigned parking spaces, with additional room to expand parking if needed. Added value comes through a durable steel roof, extra attic insulation, and 6 updated, fully owned hot water tanks. R5 zoning may permit future development or expansion, adding further appeal for buyers looking beyond the existing use. Daily essentials are within walking distance, including restaurants, Angus Morrison Elementary School, a hardware store, a convenience store, and transit, while CFB Borden is just 5 minutes away, and Alliston, Barrie, and Wasaga Beach are all within a 20-minute drive. LINX Transit nearby adds convenient connections to Barrie and Wasaga Beach. For investors with an eye for where value lives, this 6-plex could be exactly what your portfolio has been missing. (id:63244)

Property Details

MLS® Number N12930430
Property Type Multi-family
Community Name Angus
Amenities Near By Golf Nearby, Place Of Worship, Schools
Community Features Community Centre
Features Irregular Lot Size, Flat Site
Parking Space Total 12

Building

Bathroom Total 6
Bedrooms Above Ground 11
Bedrooms Total 11
Age 31 To 50 Years
Amenities Separate Heating Controls
Appliances Hood Fan, Stove, Refrigerator
Basement Type None
Cooling Type None
Exterior Finish Vinyl Siding
Foundation Type Block
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 5000 - 100000 Sqft
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Access Type Year-round Access
Acreage No
Land Amenities Golf Nearby, Place Of Worship, Schools
Sewer Sanitary Sewer
Size Depth 74 Ft ,2 In
Size Frontage 250 Ft ,7 In
Size Irregular 250.6 X 74.2 Ft ; 250.64 X 78.40 X 250.55 X 70.06 Ft
Size Total Text 250.6 X 74.2 Ft ; 250.64 X 78.40 X 250.55 X 70.06 Ft|under 1/2 Acre
Zoning Description R5

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29527133/94-king-street-essa-angus-angus

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