ATTENTION INVESTORS: Fourteen (14) plex income property, intelligently designed for quality tenants; retirees, families & seniors. This building consists of Seven (7) 2 bdrm., 1 bath units & Seven (7) 1bdrm, 1 bath units. Prime location & modern construction will enhance tenant retention and your ability to maximize rents. Turn-key operation with the unique benefits of getting top dollar market rents, with quality tenants paying separate utilities. Many long term tenants. Low maintenance concerns for years to come. Desirable Hamlet has Grocery/Convenience stores, restaurant & LCBO within a few blocks. Ample parking for at least 20 cars and property fronts on three streets. Easily Rented Building has maintained good reputation with tenants and landlord. Fire Inspections completed yearly & water inspection is up to date. Security entrances. Upgrades Include - New Membrane Roof 2015. Fire Extinguishers in excess of minimum standard. Smoke Detectors replaced - 14 Heat Sensors added (1 per unit) so that each unit now has a smoke detector and a heat sensor - Water Maintained by landlord, regularly treated and inspected. Tenants pay Hydro & Heat. Landlord supplies hot water. Coin Laundry each level. See how this turn-key multi unit apartment building can anchor your portfolio with quality tenants & good cash flow. (id:47421)
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Detailed Information
Bedrooms
21
Bathrooms
14
Lot
134 x 115 ft
Amenities Nearby
Schools, Shopping
Communication Type
High Speed Internet
Features
Paved driveway, Laundry- Coin operated
Listing Contract Date
2022-06-21
Location Description
Located in the heart of Downtown Langton, just North of the Main intersection on the corner Queen St. & Norfolk Drive.
Ownership Type
Freehold
# of Parking Spaces
15
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
RH
Building
Basement Development
Unfinished
Basement Type
Partial (Unfinished)
Construction Style (Attachment)
Detached
Cooling Type
Window air conditioner
Exterior Finish
Aluminum siding, Brick, Metal, Vinyl siding
Fire Protection
Smoke Detectors
Foundation Type
Block
Heating Fuel
Electric
Heating Type
Baseboard heaters
Stories Total
2
Utility Water
Well
Parking Spaces
Name
Spaces
Visitor Parking
Utilities
Type
Description
Cable
Available
Electricity
Available
Natural Gas
Available
Telephone
Available
Land
Total Size
0.738 acres
Access Type
Road access
Amenities
Schools, Shopping
Sewer
Septic System
Size of Irregular Land
0.738
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