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42 Huron St

Huron StDeep RiverON, K0J 1P0

-
Beds
-
Baths
$1,999,999
List Price
42 Huron St, Deep River, ON - 1 of 3
42 Huron St, Deep River, ON - 2 of 3
42 Huron St, Deep River, ON - 3 of 3
New
8 days on market

Quick Summary

  • Rare all-brick 23-unit building
  • Situated in booming Deep River town
  • Close to Ottawa River and major employers
  • Priced at only $87,000 per 2-bedroom unit
  • Potential to gross over $300k at market rents
  • Offers 8% cap rate investment opportunity
  • Ample parking and coin-operated laundry
  • Extremely well-maintained with excellent tenants

INCREDIBLE OPPORTUNITY!! Take advantage of the huge demand and shortage of rentals with this RARE all brick, 23 Unit nestled in the booming beautiful town of Deep River close to the shores of the Mighty Ottawa River. This safe, quiet, friendly and vibrant community is known for a great place to retire and is on the doorsteps of major... Show More

INCREDIBLE OPPORTUNITY!! Take advantage of the huge demand and shortage of rentals with this RARE all brick, 23 Unit nestled in the booming beautiful town of Deep River close to the shores of the Mighty Ottawa River. This safe, quiet, friendly and vibrant community is known for a great place to retire and is on the doorsteps of major employers like the expanding CNL Labs and Garrison Petawawa with many amenities. Offering all 2 Bedroom Units priced at only $87,000 per unit! This building has the POTENTIAL to gross over $300k at market rents and offer an 8% cap rate. Incredible opportunity with massive upside potential and possibly space for another smaller building on the lot. Tons of parking, coin operated laundry, and single storage room on each level. Extremely well-maintained building and excellent tenants (many retired). Mandatory 48 hr. irrev. on all offers. New Roof (2017). VERY CLEAN, WELL MAINTAINED BUILDING! Price is FIRM, Replacement cost over $7,500,000! (id:54626)

Property Details

Parking

36 Parking Spaces
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Build

Year Built
-
Model Name
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Basement
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Exterior
Brick
Foundation
Block
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Baseboard heaters
Cooling
-

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Source

Listing Brokerage

MLS® Listing
1418728
Last Updated
October 31, 2024
Brokerage
ROYAL LEPAGE EDMONDS & ASSOCIATES
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