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$1,550,000
Est. payment /mo
13 Beds
11 Baths
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 - 100000
Subdivision Freelton
MLS® Listing ID X13207934
Bedrooms 13
Half Baths 3
Appx SqFt 5000 - 100000
Property Description
Incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of four two-bedroom apartments with forced air heating and air conditioning. The lower building consists of two two-bedroom apartments and two one-bedroom apartments with forced air heating. A large garage/shop approximately 1,400 square feet can provide additional revenue or keep as personal storage for your toys. Additional income/offset with solar panel contract. Tenant parking for over ten cars. Onsite coin operated laundry. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Amazing location just 14 minutes to downtown Waterdown, 8 minutes to the 401, and 25 minutes to Cambridge. Gems like these don't come around often. RSA. (id:24570)
Location
Province ON
Rooms
Kitchen 2.0
Extra Room 1 Second level 6.43 m X 4 m Kitchen
Extra Room 2 Second level 3.96 m X 4 m Living room
Extra Room 3 Second level 2.66 m X 2.4 m Bedroom
Extra Room 4 Second level 2.84 m X 2.97 m Primary Bedroom
Extra Room 5 Second level Measurements not available Bathroom
Extra Room 6 Main level 4.04 m X 3.9 m Kitchen
Interior
Heating Forced air
Cooling Central air conditioning, Wall unit
Exterior
Parking Features Yes
View Y/N No
Attached Garage Yes
Total Parking Spaces 9
Garage Yes
Private Pool No
Building
Story 2
Sewer Septic System
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Listed by RE/MAX ESCARPMENT REALTY INC.
Nearby School & Business
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