Quick Summary
Quick Summary
- Immediate positive cash flow from 6 rented units.
- Ample expansion opportunities available.
- Property includes a newly installed pressure tank.
- 10,000 gallon septic tank with field bed under ball field.
- Recent roof section re-shingling enhances durability.
- Price reflects extensive electrical system upgrade.
- New 400amp service and 7 individual 100amp meters.
- Former school transformed into a lucrative investment.
Attention Investors!! This is your chance to own what was at one time "Amirault's Hill Elementary School" and has since become the investment opportunity you have been waiting for! Currently there are 6 fully rented apartments ((5) 2 bedrooms + (1) 1 bedroom) generating an immediate positive cash flow with LOTS of room for expansion here.... Show More
Attention Investors!! This is your chance to own what was at one time "Amirault's Hill Elementary School" and has since become the investment opportunity you have been waiting for! Currently there are 6 fully rented apartments ((5) 2 bedrooms + (1) 1 bedroom) generating an immediate positive cash flow with LOTS of room for expansion here. The property has a drilled well (with a newly installed pressure tank) in addition to a secondary dug well. The septic system has a 10,000 gallon tank (field bed located under ball field.) A large section of the roof was recently re-shingled as well. Price adjustment has been made to reflect the extensive electrical upgrade to the property. Upgrade includes new 400amp single phase electrical service as well as 7 new 100amp power meters; one for each unit and one for the remainder of the building. (id:54626)
Property Details
Parking
Build
Heating & Cooling
Utilities
Ownership Details
Ownership
Book A Private Showing
For Sale Nearby
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.