102 River Street, Rural Scugog

Description

Income property with three self-contained apartments: one 3-bedroom unit and two 2-bedroom units. The main floor apartment, formerly an ice cream parlour, boasts 12 foot ceilings, original hardwood flooring, and a full renovation while maintaining its character. A second main floor unit offers a cozy 2 bedroom layout. The upper level apartment features three bedrooms and access to a fenced-in yard. Each unit has its own laundry, furnace, and hot water tank. The property includes three separate hydro meters, two parking spaces per unit, and an attached garage designated as commercial space (currently unused). Recent updates include furnaces, electrical, plumbing, windows, roof shingles, air conditioning, and hot water tanks. A++ tenants in place, however main floor tenants are likely to be moving soon due to job relocation. Conveniently located just 10 minutes from Port Perry. One of the renters acts as property manager for reduced rent. Total rent $4770 per month, tenants pay their own utilities.