Welcome to the well maintained and renovated 12-plex in Mount Forest, where each unit is separately metered, opportunities like this don't come up often, Over the past decade, extensive renovations have transformed this property into a modern haven while retaining its timeless charm. Enjoy the convenience of backing onto public parking and being steps away from shops, building has high tenant satisfaction. With exceptional returns grossing just under 160K per year and growth potential, this investment opportunity stands out, Additionally, the current management company is willing to continue management, ensuring a smooth transition for the new owner. Don't miss this rare chance to be part of such a thriving venture! (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
18
Bathrooms
12
Lot
71 x 0 ft
Amenities Nearby
Schools, Shopping
Features
Laundry- Coin operated
Listing Contract Date
2024-04-17
Location Description
East off HWY 6 Property on the left
Ownership Type
Freehold
# of Parking Spaces
6
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
C1
Building
Basement Development
Unfinished
Basement Type
Partial (Unfinished)
Cooling Type
None
Exterior Finish
Brick, Vinyl siding
Foundation Type
Block
Heating Type
Baseboard heaters
Stories Total
2
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Amenities
Schools, Shopping
Sewer
Municipal sewage system
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