2039 County Road 44 Road
Edwardsburgh/Cardinal, ON, K0E 1X0
Quick Summary
Quick Summary
- Commercially-built property converted to 7-unit apartment
- Preliminary approval for additional storage rental spaces
- Upgraded septic system and two wells service property
- Mechanical upgrades in past 7 years include boiler, furnace
- Owner-occupied unit available upon closing
- Main building has 1-3BR, 4-2BR, 2-1BR units
- 3 of 2BR units have 2 bathrooms, others have 1
- Ample parking and outdoor space for each tenant
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 to a 7-Unit Residential Apartment Complex in the late 90's Preliminary approval in... Show More
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 to 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. Units 3, 4 and 5 are 3pce., Units 1, 2, 6 and 7 are 4pce. Plenty of parking and outdoor space for each tenant. (id:54626)
Property Details
Size
Parking
Lot
Build
Heating & Cooling
Utilities
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For Sale Nearby
Sold Nearby
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- 3
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- 1,700 Sq. Ft.
- 4
- 2
- 1,344 Sq. Ft.
- 3
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