Size
-
Lot size
3128 sqft
Street frontage
-
Possession
2026-10-01
Price per sqft
$122 - $142
Taxes
$2,276 (2025)
Parking Type
-
Style
2-Storey
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Description
9.5% CAP RATE | 5 INCOME STREAMS | FULLY TENANTEDInvestors, take note! A strong 9.5% cap rate and immediate cash flow make this turnkey mixed use property a standout investment opportunity in the heart of downtown Ripley. Featuring one generous ground level retail store plus four residential apartments, including three 2 bedroom apartments and one stunning studio loft apartment, this property delivers five established income streams under one roof. Fully occupied and income producing from day one, the property offers diversified residential and commercial revenue with no vacancy to fill. Well maintained, centrally located and positioned for minimal management, this is the kind of straightforward income property investors look for. Five units. Full occupancy. 9.5% cap rate. Immediate income. Add this proven income producer to your portfolio and put your investment dollars to work from day one.
Broker: Royal LePage Exchange Realty Co.
MLS®#: X13749932
Property details
Parking:
4
Parking type:
-
Property type:
Multiplex
Heating type:
Baseboard
Style:
2-Storey
MLS Size:
3000-3500 sqft
Lot front:
46 Ft
Lot depth:
68 Ft
Listed on:
Sep 6, 2026
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Instant estimate:
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$24,549
lower than listed pricei
High
$426,923
Mid
$401,151
Low
$390,238
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