Royal LePage Wolle Realty
Bathrooms12 | Bedrooms12 |
Property TypeMulti-family | Built in1973 |
Lot Size0.42 acres | Building Area9600 |
Classic walk up, twelve plex apartment building beckons for your immediate attention! Concrete (cast/block masonry) building. Can not build for list price. Very few come available on MLS in Elmira - maybe one every five or six years. Take the risk out of this purchase: building comes to you very well documented with a Pinchin Phase I Environmental (2024, clean), Pinchin Building Condition Assessment (2024). Life Safety Systems Update/Certificate (2024). Opportunity to increase rents significantly over time. Property may qualify for CMHC MLI Select program under the Affordability Criteria – with the best rates and amortizations currently available. Individual electrical meters – tenants pay electricity. Cap ex: modernized hallways with carpet tile, commercial water heaters (2023), sloped asphalt roof (2017). Building’s back windows (2020), Building’s front windows (2015/2016 approximately). Balcony doors (2019/2020) Great low density rental area. Good tenant profile. Easy building to add to your existing portfolio. Opportunity abounds! Call your favourite REALTOR today and let’s book a showing. (id:33575) Please visit : Multimedia link for more photos and information |
Amenities NearbyPlace of Worship, Playground, Schools, Shopping | Community FeaturesQuiet Area, Community Centre |
FeaturesPaved driveway, Laundry- Coin operated | OwnershipFreehold |
Parking Spaces12 | TransactionFor sale |
Zoning DescriptionR-6 |
AppliancesWater softener | Basement DevelopmentFinished |
BasementFull (Finished) | Constructed Date1973 |
Construction MaterialConcrete block, Concrete Walls | CoolingNone |
Exterior FinishBrick Veneer, Concrete, Other, Shingles | FoundationBlock |
Bathrooms (Total)12 | Heating FuelElectric |
HeatingBaseboard heaters | Size Interior9600.0000 |
Storeys Total2 | Utility WaterMunicipal water |
Size Total0.42 ac|under 1/2 acre | Size Frontage132 ft |
Access TypeRoad access, Highway access | AmenitiesPlace of Worship, Playground, Schools, Shopping |
SewerMunicipal sewage system | Size Depth140 ft |
Size Irregular0.42 |
Listing Office: Royal LePage Wolle Realty
Data Provided by Waterloo Region Association of REALTORS®
Last Modified :06/05/2024 09:46:45 AM
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