7 MCKAY ST
TIVERTON, Ontario N0G2T0

You won't find another multifamily complex, at $66,500 per unit within a 20 mile (32 km) radius of Kincardine. It would be very hard to find another income property in our trading area that can show a consistent 7%+ return on investment (cap rate). Built in 1875,this historic solid brick building in the village of Tiverton has been tastefully converted to 6 residential apartments. The well maintained complex has had thousands of dollars recently spent in upgrades and improvements including the fire alarm system (pull station).There are no outstanding maintenance issues which make it ideal for the novice investor. Fully occupied at time of listing, it consistently shows a very low vacancy rate. The building is a 3 level, walk-up with easy stairs. The exterior ground floor level offers a patio while the upper level offers balconies. It is ideally situated only a 10 minute drive to Bruce Power. Call us today to complete your personal inspection. (410826002807458)

From Main Street, Tiverton (Hwy #21), turn North on McKay St. to corner of McKay and Ross Street.