Commercial Real Estate in Spencerville available for sale
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Multifamily Property for Sale near Spencerville

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More details for 32 David St, Spencerville, ON - Multifamily for Sale

32 David St

Spencerville, ON K0E 1X0

  • Multifamily for Sale
  • $1,499,900 CAD
  • 7,000 SF

Spencerville Multifamily for Sale - Northeast Ontario

Attention investors!! Rarely offered purpose-built Fourplex in Spencerville featuring four individually titled 2-bed, 1.5-bath attached bungalows, each with private garage (inside entry), backyard patio, and full unfinished basements with legal egress windows ideal for adding a third bedroom. All units include stainless steel appliances, stackable in-unit laundry, efficient HVAC systems, and water treatment setups. Open-concept layouts with granite counters and quality finishes throughout. Fully tenanted with strong rental income of $107,952/year and a Net Operating Income of $90,240. Turnkey investment or ideal multi-generational living setup with future resale flexibility. Quiet residential setting just minutes to Highway 416.

Contact:

eXp Realty

Property Subtype:

Apartment

Date on Market:

2025-10-09
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LoopNet Canada Ontario Multifamily Properties For Sale in Spencerville, ON, Canada

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Multifamily Properties for Sale in Spencerville

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How many multifamily properties are available for sale in Spencerville?
There are currently 1 multifamily properties available for sale in Spencerville, offering a unique opportunity for businesses to establish a presence.
How big are the multifamily properties available for sale in Spencerville?
The average size of multifamily properties available for sale in Spencerville is about 7,000 SF. The largest multifamily properties available to buy is 7,000 SF and the smallest is 7,000 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for multifamily properties in Spencerville?
The average market cap rate for multifamily properties for sale is about 6.02% based on data provided in Spencerville. Learn more about how cap rates are calculated.
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