2039 County Rd 44 Road

Spencerville

2039 County Rd 44 Road
2039 County Rd 44 Road
2039 County Rd 44 Road
+23
13
 bed
10
 bath
16
 parking
6991 - 6991
 sqft
Multiplex
$1,149,000
Instant Estimate Not Available
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$1,149,000
Instant Estimate Not Available
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Size
-
Lot size
8226.75 sqm
Street frontage
-
Possession
-
Price per sqm
$1,770
Taxes
$5,100 (2024)
Parking Type
Detached Garage
Style
-
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Description
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.
Broker: Re/Max Hallmark First Group Realty Ltd. Brokerage
MLS®#: 40641111
Property details
Parking:
16
Parking type:
Detached Garage
Property type:
Multiplex
Heating type:
Forced Air
Style:
-
MLS Size:
649 sqm
Lot front:
83.52 M
Lot depth:
98.15 M
Listed on:
Sep 9, 2024
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Instant estimate:
Not Available

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Claudine Zeller
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: 40641111
Listed by Re/Max Hallmark First Group Realty Ltd. Brokerage

About 2039 County Rd 44 Road

Located at 2039 County Rd 44 Road, this Spencerville multiplex is available for sale. It was listed at $1149000 in September 2024 and has 13 beds and 10 bathrooms.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this multiplex.

Getting around the area will require a vehicle, as there are no nearby transit stops.

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