148 Park Road, Bracebridge, ON

$695,000

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5

Beds

5

Baths

1,100

Square feet

About 148 Park Road

Attention investors!!! Affectionally known as "The Barn", this property consists of 5 units (utility suites) and produces consistent and reliable income. A new steel roof and other exterior improvements were completed in the Fall of 2022. Unit 1: 1 bedroom, 1 bath, 711 square feet. Rent is $2000/month. This unit has been completely renovated and updated with new kitchen, appliances, flooring, washroom (w/ heated floors), exterior doors, 200 AMP panel and gas furnace. This unit will be vacant upon closing. Unit 2: This unit was recently updated. 1 bedroom, 1 bath, 420 square feet. Heat: Gas space heater. The rent is $1250.00/month. Unit 3: This unit was recently updated. 1 bedroom, 1 bath, 424 square feet. Heat: Gas space heater. Rent is $922.50/month. Unit 4: 1 bedroom, 1 bath, 401 square feet, Heat: Gas space heater. Rent is $903.50. Unit 5: Bachelor style suite with 2 piece bath, 229 square feet. Rent is $765/month. This unit is a stand alone unit at #150 Park Road. A newer rental hot water heater (rental) services all the units with the exception of #150 Park Road which has its own hot water heater (owned). To service the tenants and to provide an additional revenue stream, the laundry room offers newer commercial MayTag coin-op washing machine and gas dryer. Two newer sump pumps were added for excellent drainage. There is a large utility room which provides additional storage as well as 5 parking dedicated parking spaces. The owner pays for utilities. Bring your vision to the upper level of the barn which offers 48' x 30' of loft style storage.

Features of 148 Park Road

MLS® # X12104211
Price $695,000
Bedrooms 5
Bathrooms 5.00
Square Footage 1,100
Type Residential Freehold
Sub-Type Multiplex
Style 2-Storey
Status Active

Community Information

Address 148 Park Road
Area Muskoka
Subdivision Macaulay
City Bracebridge
Province ON
Postal Code P1L 1H9

Amenities

Parking Spaces 5
Garages None
Is Waterfront No
Pool None

Interior

Heating Forced Air
Cooling Wall Unit(s)
Fireplace No
Basement Finished, Full

Exterior

Exterior Metal/Steel Siding

Listing Details

OfficeRE/MAX Professionals North

Listing Map

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