55 Willow St

Paris

55 Willow St
55 Willow St
55 Willow St
+37
5+5
 bed
10
 bath
10
 parking
-
 sqft
Multiplex
$1,600,000
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$1,600,000
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Size
-
Lot size
1532.9 sqm
Street frontage
N
Possession
Immediate
Price per sqm
-
Taxes
$11,736 (2024)
Parking Type
-
Style
2-Storey
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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.

EXTRAS: 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.
Broker: RE/MAX ESCARPMENT REALTY INC.
MLS®#: X9304925
Property details
Parking:
10
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
-
Lot front:
40.23 M
Lot depth:
38.1 M
Listed on:
Sep 7, 2024
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Instant estimate:
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$12,431
higher than listed price
i
High
$1,716,023
Mid
$1,612,431
Low
$1,568,567
Sean Miller
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: X9304925
Listed by RE/MAX ESCARPMENT REALTY INC.

About 55 Willow St

Located at 55 Willow St, this Paris multiplex is available for sale. It has been listed at $1600000 since September 2024. This multiplex has 5+5 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.