55 Willow ST Active

Brant,ON N3L 2K8

$ 1499900

9 Beds

10 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID X11881608

Style 2-Storey

Bedrooms 9

Annual Tax Amount $11,736

Tax Year 2024

Property Description

Charming 10-Unit Apartment Building built in 1870 offering spacious 1 bedroom apartments with storage lockers and parking for 10+ vehicles. Nestled in one of Paris most vibrant neighborhoods, this exceptional building offers a terrific investment opportunity for savvy investors looking to expand your portfolio in a growing city. Original architectural details including high ceilings and stately trimwork is blended with modern updates to demonstrate the elevated market rent the units will garner with some sweat equity. Two suites feature private exterior access and can be considered premium ground floor apartments with proper upgrade. Shared coin operated laundry available on site for additional income. Lots of potential for income growth with further improvements to original condition units. Separate hydro meters. The close proximity to Paris' budding downtown core with restaurants and shopping offers a desirable area to consistently attract quality tenants. Looking for long term potential? A new high density residential development is occurring on neighbouring property to the south with additional low density subdivisions being constructed around Paris. Recent survey and planning report can be provided. Do not go direct to building.

Location

Province ON

County Brant

Community Paris

Area Brant

Rooms

Family Room No

Kitchen 10

Interior

Cooling None

Exterior

Parking Features Mutual

Garage Spaces 12.0

Pool None

Roof Type Asphalt Shingle,Metal

Building

Foundation Poured Concrete

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