3246 COUNTY ROAD 2 ROAD, Otonabee-South Monaghan
This low-maintenance multiplex features 5 residential units, 4 office spaces, and 2 retail spaces, offering a diverse mix of income-generating opportunities. The property also includes an adjoining vacant parcel of land measuring approximately 66' x 223', presenting exciting potential for future development and added value, subject to approvals. The 5 rented apartments generate $91,740 in annual rental income, with the vacant office and retail spaces offering an estimated $43,200 in potential annual income once leased. Factor in the low-maintenance ownership, streamlined utilities, established rental income, and multiple value-add opportunities, and you have an exceptional investment property offering both immediate income and exciting potential for future growth. (id:25961)
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Details
- Equipment: Water Heater
- Parking Spaces: 12
- Rental Equipment: Water Heater
- Transaction: For sale
- Zoning Description: LC6
Building
- Appliances: All, Dishwasher, Dryer, Water Heater, Stove, Washer, Water softener, Refrigerator
- BasementType: None
- Bedrooms Main Level: 9
- Cooling: None
- Exterior Finish: Brick
- Fireplace Present: False
- Foundation: Poured Concrete
- Bathrooms (Half): 3
- Bathrooms (Total): 8
- Heating: Radiant heat
- Heating Fuel: Natural gas
- Size Interior: 5000 - 100000 sqft
- Stories Total: 2
- Type: Other
Land
- Sewer: Septic System
- Size Depth: 223 ft
- Size Frontage: 192 ft
- Size Irregular: 192 x 223 FT
This property for sale is located at 3246 COUNTY ROAD 2 ROAD in Otonabee-South Monaghan. It was last modified on October 27th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Otonabee-South Monaghan properties for sale.
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