Investors take note! With approximately 10,800 sq. ft. of combined finished and development ready floorspace on all levels combined, the income potential here is palpable! Currently set up as a functional and legal 5-plex with strong income potential in its current, turn-key state, this property also features a number of unique development opportunities to expand your investment further well beyond current average CAP rates even after including further development costs! Each unit is large and spacious for their respective bedroom counts. There are two 1 bed units, two 2-beds, and a surprisingly large 4 bedroom unit! With extra, unused gas meter hubs, plenty of additional hydro meter slots, unfinished basement for development access or additional units, and plenty of parking space, a savvy investor will find plenty of opportunity waiting to be unlocked. Contact your agent today for viewing information and investor package to learn more! |
Price | $1,900,000 |
Taxes: | $6588.00 |
Address: | 77 Montreal St , Goderich, N7A 2G5, Ontario |
Lot Size: | 126.04 x 101.73 (Feet) |
Acreage: | < .50 |
Directions/Cross Streets: | Sharp turn North onto Montreal St. off Elgin Ave or access off Elgin Ave E. |
Rooms: | 25 |
Rooms +: | 6 |
Bedrooms: | 9 |
Bedrooms +: | 1 |
Kitchens: | 5 |
Family Room: | Y |
Basement: | Full, Unfinished |
Approximatly Age: | 100+ |
Property Type: | Multiplex |
Style: | 2-Storey |
Exterior: | Brick |
Garage Type: | Attached |
(Parking/)Drive: | Private |
Drive Parking Spaces: | 10 |
Pool: | None |
Approximatly Age: | 100+ |
Approximatly Square Footage: | 5000+ |
Property Features: | Lake/Pond, Library, Other, Park, Place Of Worship, School |
Fireplace/Stove: | Y |
Heat Source: | Gas |
Heat Type: | Forced Air |
Central Air Conditioning: | Central Air |
Laundry Level: | Lower |
Elevator Lift: | N |
Sewers: | Sewers |
Water: | Municipal |
Utilities-Cable: | A |
Utilities-Hydro: | Y |
Utilities-Gas: | Y |
Utilities-Telephone: | Y |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
PC275 REALTY INC. |
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Type: | Freehold - Multiplex |
Area: | Huron |
Municipality: | Goderich |
Neighbourhood: | Goderich Town |
Style: | 2-Storey |
Lot Size: | 126.04 x 101.73(Feet) |
Approximate Age: | 100+ |
Tax: | $6,588 |
Beds: | 9+1 |
Baths: | 7 |
Fireplace: | Y |
Pool: | None |