Multi Residential investment opportunity with 10 unit 2 story apartment (8 are legalized), producing a net income of $73,785.94 (8 units). Landlord pays for all utilities, there are separate hydro meters available that have never been hooked up. Property contains 3 septic beds and 1 drilled well. Building being sold in an as is where is capacity. There are outstanding capital required, Seller estimates $70,000.
MLS# | 40609857 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1974 |
Days On Site | 111 |
Listing Provided By | Sutton Group Incentive Realty Inc. Brokerage | Shannon Macintyre |
Bed(s) | 8 |
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Bath(s) | 8 |
SQ Feet | 6,556 |
Story(s) | 2 |
Units | 8 |
Zoning | RM2 |
Acreage | 1.35 |
Province | ON |
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Region | Simcoe County |
City | Coldwater |
Postal Code | L0L 2C0 |
Area | Severn |
Subarea | SE57 Coldwater |
Community Name | SE57 Coldwater |
Listing VS Median (in SE57 Coldwater) | |
Price: $1,950,000 low | high Med: $889,000 SqFt: 6,556 low | high Med: 1,894 $ / SqFt: $297 low | high Med: $469 On Site: 111 low | high Med: 70.000000 |