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$2,100,000
Est. payment /mo
21 Beds
14 Baths
12,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $175
Subdivision Rural Middleton
MLS® Listing ID 40282051
Bedrooms 21
Originating Board Woodstock Ingersoll Tillsonburg and Area Association of REALTORS� (WITAAR)
Lot Size 0.738 Acres
Acres 32147.28
Property Description
ATTENTION INVESTORS: Fourteen (14) plex income property, intelligently designed for quality tenants; retirees, families & seniors. This building consists of Seven (7) 2 bdrm., 1 bath units & Seven (7) 1bdrm, 1 bath units. Prime location & modern construction will enhance tenant retention and your ability to maximize rents. Turn-key operation with the unique benefits of getting top dollar market rents, with quality tenants paying separate utilities. Many long term tenants. Low maintenance concerns for years to come. Desirable Hamlet has Grocery/Convenience stores, restaurant & LCBO within a few blocks. Ample parking for at least 20 cars and property fronts on three streets. Easily Rented Building has maintained good reputation with tenants and landlord. Fire Inspections completed yearly & water inspection is up to date. Security entrances. Upgrades Include - New Membrane Roof 2015. Fire Extinguishers in excess of minimum standard. Smoke Detectors replaced - 14 Heat Sensors added (1 per unit) so that each unit now has a smoke detector and a heat sensor - Water Maintained by landlord, regularly treated and inspected. Tenants pay Hydro & Heat. Landlord supplies hot water. Coin Laundry each level. See how this turn-key multi unit apartment building can anchor your portfolio with quality tenants & good cash flow. (id:24570)
Location
Province ON
Interior
Heating Baseboard heaters,
Cooling Window air conditioner
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 15
Private Pool No
Building
Story 2
Sewer Septic System
Others
Ownership Freehold