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Jeanne Stephenson

hello.jeannestephenson@gmail.com +1(416) 843-8934

$ 325,700

Est. payment | -/mo

4 Beds

3 Baths

Save

$ 325,700

Est. payment | -/mo

Save

4 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active Under Contract

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision Huron-Kinloss

MLS Listing ID X13751002

Style 2-Storey

Bedrooms 4

Annual Tax Amount $1,576

Tax Year 2025

Property Sub-Type Multiplex

Property Description

10.2% CAP RATE | 3 INCOME STREAMS | FULLY TENANTED Investors, take note! An impressive 10.2% cap rate and immediate cash flow make this turnkey mixed use property a strong investment opportunity in the heart of downtown Ripley. Featuring one generous ground level retail store plus two spacious 2 bedroom apartments, this property delivers three established income streams under one roof. Fully occupied and income producing from day one, investors can step directly into an established property with no vacancy to fill. Well maintained and ideally positioned in the village core, the property offers a diversified mix of residential and commercial revenue with minimal management required. Conveniently located close to local shops, services and community amenities, this is a straightforward income property offering an attractive return. Three units. Full occupancy. 10.2% cap rate. Immediate income. Add this proven income producer to your portfolio and start generating revenue from day one.

Location

Province ON

County Bruce

Area Bruce

Zoning commercial

Rooms

Family Room No

Basement Other

Kitchen 3

Interior

Interior Features Other

Cooling None

Inclusions 2 fridges, 2 stoves, electric heat pump (in 77 commercial space only)

Exterior

Parking Features Other

Pool None

Roof Type Unknown

Lot Frontage 25.0

Lot Depth 68.0

Total Parking Spaces 5

Building

Building Age 100+

Foundation Unknown

Others

Senior Community No

Security Features None

ParcelsYN No

Listed by Royal LePage Exchange Realty Co.

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(416) 843-8934

hello.jeannestephenson@gmail.com

Learn More About LPT Realty

77 Huron ST Huron-kinloss, ON N0G 2R0