FOR SALE
$349,900
284 Huron, Huron-Kinloss, ON, N0G 2R0
About the Property
10.2% CAP RATE | 3 INCOME STREAMS | FULLY TENANTED Investors, take note! An impressive 10.2% cap rate and immediate cash flow make this turnkey mixed use property a strong investment opportunity in the heart of downtown Ripley. Featuring one generous ground level retail store plus two spacious 2 bedroom apartments, this property delivers three established income streams under one roof. Fully occupied and income producing from day one, investors can step directly into an established property with no vacancy to fill.
Well maintained and ideally positioned in the village core, the property offers a diversified mix of residential and commercial revenue with minimal management required. Conveniently located close to local shops, services and community amenities, this is a straightforward income property offering an attractive return. Three units. Full occupancy.
Property Details
MLS#:
X13751002
Status:
For Sale
Property Type:
Multiplex
Central A/C:
About the Property
10.2% CAP RATE | 3 INCOME STREAMS | FULLY TENANTED Investors, take note! An impressive 10.2% cap rate and immediate cash flow make this turnkey mixed use property a strong investment opportunity in the heart of downtown Ripley. Featuring one generous ground level retail store plus two spacious 2 bedroom apartments, this property delivers three established income streams under one roof. Fully occupied and income producing from day one, investors can step directly into an established property with no vacancy to fill.
Well maintained and ideally positioned in the village core, the property offers a diversified mix of residential and commercial revenue with minimal management required. Conveniently located close to local shops, services and community amenities, this is a straightforward income property offering an attractive return. Three units. Full occupancy.
Property Details
MLS#:
X13751002
Status:
For Sale
Property Type:
Multiplex
Central A/C:
No
Bedrooms:
4
Heating Fuel:
Baseboard
Bathrooms:
3
Heating Type:
Baseboard
Parking:
5 Spots
Cross Street:
Huron and Jessie
Basement:
Other
No
Bedrooms:
4
Heating Fuel:
Baseboard
Bathrooms:
3
Heating Type:
Baseboard
Parking:
5 Spots
Cross Street:
Huron and Jessie
Basement:
Other
Maintenance:
Exterior:
Brick, Vinyl Siding
Possession Date:
Oct 1, 2026
Presented By:
Royal LePage Exchange Realty Co.
Maintenance:
Exterior:
Brick, Vinyl Siding
Possession Date:
Oct 1, 2026
Presented By:
Royal LePage Exchange Realty Co.