20-24 Main Street N Halton Hills, Ontario L7G 3G8
$1,550,000
Attention All Investors & Developers!! You have two options with this property: (1) keep this as a cash flowing 4-plex investment property; or (2) apply to build 6 or 7 townhouses on this site. Amazing Opportunity To Own A Large Fully Tenanted 4-Plex On A Huge 142Ft X 132Ft Lot Steps To Historic Downtown Georgetown! This Is A Very Lucrative Opportunity With Excellent Income And Huge Development Potential!!Legal Non-Conforming Status. Separately Metered Hydro W/ Separate Entrance To Each Unit. Projected revenue of $100,800 per year. For Sale at a 5.19% Cap Rate. Property can be VACANT ON CLOSING. Contact the Listing Agent for the property's financial statements and more information regarding possible re-zoning & development of this property. **** EXTRAS **** Two furnaces, 1 unit is heated with electric baseboards. (id:50886)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | W10410274 |
| Property Type | Multi-family |
| Community Name | Georgetown |
| ParkingSpaceTotal | 10 |
Building
| Appliances | Dryer, Refrigerator, Stove, Two Washers |
| CoolingType | Partially Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 0.43 Ac |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 132 Ft |
| SizeFrontage | 142 Ft |
| SizeIrregular | 142 X 132 Ft |
| SizeTotalText | 142 X 132 Ft |
| ZoningDescription | Ldr1-2(mn) |
https://www.realtor.ca/real-estate/27624109/20-24-main-street-n-halton-hills-georgetown-georgetown
Interested?
Contact us for more information
Brock Gonchar
Salesperson
324 Guelph Street Suite 12
Georgetown, Ontario L7G 4B5
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November 07 2024 06:58:33
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