Exceptional opportunity for an investor looking to grow their portfolio with a cash positive investment. This Turn-Key property is located minutes from the 401, U.S. Bridge and Hwy. 416. Originally a motel, this commercially-built property was converted t a 7-Unit Residential Apartment Complex in the late 90's Preliminary approval in place for storage rental spaces. Upgraded septic and two wells service the property. Mechanical upgrades in the past 7 years include boiler systems, metal shingles and high efficiency propane furnaces in the last 7 years. Owner occupied unit will be vacant upon closing. Main building consists of 1-3 bedroom, 4-2 bedroom, 2-1 bedroom, detached garage and separate laundry. 3 of the 2 bedroom units have 2 baths, all other units have one bath. Plenty of parking and outdoor space for each tenant. (id:50886)
MLS® Number | X9308740 |
Property Type | Multi-family |
ParkingSpaceTotal | 15 |
Structure | Patio(s) |
BathroomTotal | 10 |
BedroomsAboveGround | 9 |
BedroomsBelowGround | 4 |
BedroomsTotal | 13 |
Appliances | Water Heater |
CoolingType | Central Air Conditioning |
ExteriorFinish | Vinyl Siding |
FoundationType | Slab |
HeatingType | Forced Air |
StoriesTotal | 2 |
Type | Other |
Detached Garage |
Acreage | No |
Sewer | Septic System |
SizeDepth | 322 Ft ,10 In |
SizeFrontage | 274 Ft ,3 In |
SizeIrregular | 274.25 X 322.89 Ft |
SizeTotalText | 274.25 X 322.89 Ft|1/2 - 1.99 Acres |
ZoningDescription | Ru-3 |
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Ground Level | Bedroom 3 | Measurements not available | ||
Ground Level | Bedroom 2 | Measurements not available | ||
Ground Level | Bedroom 2 | Measurements not available | ||
Ground Level | Bedroom 2 | Measurements not available | ||
Ground Level | Bedroom 2 | Measurements not available | ||
Ground Level | Bedroom | Measurements not available | ||
Ground Level | Bedroom | Measurements not available |
https://www.realtor.ca/real-estate/27388803/2039-county-rd-44-n-edwardsburghcardinal
Contact us for more information
Jackie Blakney
Broker
Wanda Blakney
Salesperson