



$299,000
Huron-Kinloss
77 Huron Street, Huron-Kinloss, Ontario, N0G2R0
This retail property in Huron-Kinloss is for sale offering roughly 1,262 sq ft of space. It has been on the market 61 days, fresher than the Huron-Kinloss average of 84 days.
Turnkey Mixed Use Investment Opportunity in Downtown RipleyExcellent investment opportunity offering an impressive 10.2% cap rate in the heart of downtown Ripley. This fully tenanted mixed use property features two residential apartments plus a ground level commercial retail space, providing immediate and diversified rental income from day one.Well maintained and ideally positioned in the village core, this property offers strong income potential with minimal management required. With all three units currently occupied, investors can step into an established income producing property without the work of securing tenants.A great addition to an investment portfolio, combining residential and commercial income in a convenient downtown location close to local shops, services and community amenities. Turnkey, fully occupied and generating income from day one. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 61 days on market, against an average age of 84 days across the listings currently for sale in this city
This retail in Huron-Kinloss has been listed for 61 days, which is 23 days fresher than the city average of 84. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $299,000, about 3.6× the local median household income of $83,000.
Carrying it typically needs a household income of about $58,405 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N0G)
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