Skip to main content


LOADING

2039 County Rd 44 Road Spencerville, Ontario K0E 1X0

13 Bedroom 10 Bathroom 6991 sqft
Central Air Conditioning Forced Air, Radiant Heat

$1,149,000

Exceptional opportunity for an investor looking to grow their portfolio with a cash positive investment. This Turn-Key property is located minutes from the 401, U.S. Bridge and Hwy. 416. Originally a motel, this commercially-built property was converted t a 7-Unit Residential Apartment Complex in the late 90's Preliminary approval in place for storage rental spaces. Upgraded septic and two wells service the property. Mechanical upgrades in the past 7 years include boiler systems, metal shingles and high efficiency propane furnaces in the last 7 years. Owner occupied unit will be vacant upon closing. Main building consists of 1-3 bedroom, 4-2 bedroom, 2-1 bedroom, detached garage and separate laundry. 3 of the 2 bedroom units have 2 baths, all other units have one bath. Plenty of parking and outdoor space for each tenant. (id:48744)

Property Details

MLS® Number 40641111
Property Type Multi-family
AmenitiesNearBy Shopping
CommunityFeatures Quiet Area
ParkingSpaceTotal 16

Building

BathroomTotal 10
BedroomsTotal 13
BasementType None
ConstructedDate 1962
CoolingType Central Air Conditioning
ExteriorFinish Vinyl Siding
HeatingFuel Propane
HeatingType Forced Air, Radiant Heat
StoriesTotal 2
SizeInterior 6991 Sqft
UtilityWater Well

Parking

Detached Garage

Land

AccessType Highway Access
Acreage No
LandAmenities Shopping
Sewer Septic System
SizeDepth 323 Ft
SizeFrontage 274 Ft
SizeTotalText 1/2 - 1.99 Acres
ZoningDescription Ru-3

https://www.realtor.ca/real-estate/27387251/2039-county-rd-44-road-spencerville

Interested?

Contact us for more information


Generating Captcha







Your Favourites

 

No Favourites Found