Size
-
Lot size
1700 sqft
Street frontage
-
Possession
2026-10-01
Price per sqft
$217 - $296
Taxes
$1,576 (2025)
Parking Type
-
Style
2-Storey
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Description
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. 10.2% cap rate. Immediate income. Add this proven income producer to your portfolio and start generating revenue from day one.
Broker: Royal LePage Exchange Realty Co.
MLS®#: X13751002
Property details
Parking:
5
Parking type:
-
Property type:
Multiplex
Heating type:
Baseboard
Style:
2-Storey
MLS Size:
1100-1500 sqft
Lot front:
25 Ft
Lot depth:
68 Ft
Listed on:
Sep 7, 2026
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Instant estimate:
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$27,047
lower than listed pricei
High
$317,841
Mid
$298,653
Low
$290,529
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