20-24 Main Street N
Main St N, Rural Halton Hills, Halton Hills, ON, L7G 3G8
Quick Summary
Quick Summary
- Lucrative investment property with excellent income
- Huge development potential on a large 142ft x 132ft lot
- Fully tenanted 4-plex with separately metered utilities
- Steps to historic downtown Georgetown location
- Legal non-conforming status for flexible use
- Projected annual revenue of $100,800
- Property can be vacant on closing
- Two furnaces, one unit with electric baseboards
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... Show More
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:54626)
Property Details
Size
Parking
Lot
Heating & Cooling
Utilities
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For Sale Nearby
Sold Nearby
- 7
- 4
- 2400 Sq. Ft.
- 2
- 2
- 1,100 - 1,500 Sq. Ft.
- 3
- 2
- 1,100 - 1,500 Sq. Ft.
- 4
- 2
- 1,100 - 1,500 Sq. Ft.
- 4
- 2
- 5
- 3
- 3
- 3
- 5
- 4
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