34-46 Walton St Multifamily Building

Located in the heart of vibrant downtown Port Hope, this multi-family property offers 20 residential units and 7 commercial units, presenting an excellent investment opportunity. The building, with a 7.3% cap rate, is well-maintained with full operating expenses included, such as property management, repairs, maintenance, vacancy, and superintendent costs. It features a three-storey structure with a concrete foundation and brick exterior, providing a solid and attractive investment. The commercial spaces benefit from excellent foot traffic, making them ideal for a variety of businesses, while the residential units offer comfortable living in a growing community. The property sits on a large lot with parking for 20 vehicles and is serviced by municipal water and sanitary sewer. With Port Hope’s downtown revitalization and continued population growth, this property is strategically positioned to benefit from the area's exciting development and future growth potential.