151 Main Street Bluewater, Ontario N0M 1N0
$1,500,000
INCREDIBLE INVESTMENT OPPORTUNITY awaits for this 10+2 apartment bundle! A 10 unit apartment building and a neighbouring duplex, located in the quaint village of Dashwood, have minimal turnover and no vacancies currently. Tenants pay their own utilities with the exception of water usage. A 1.84 acre lot is included; currently, it holds the septic system for the apartments. Recent apartment upgrades include: 4 new water heaters (1 in duplex,3 in 10plex); along with window upgrades ($15,000 new windows being installed); soffit, fascia and eavestroughs; lighting with motion sensors in the 10plex for efficiency and security, and more! Local property management services are available and rental increases are in place for 2024. Additional storage space is available in the basement of the 10plex which could generate revenue. NOTE: Revenue and expenses will be provided and Seller will approve showings only for serious inquiries in order to minimize disruption for tenants. Capitalize on this investment opportunity and maximize your profit! (id:37319)
Property Details
| MLS® Number | X8282422 |
| Property Type | Business |
| Parking Space Total | 12 |
Building
| Bedrooms Total | 19 |
| Fireplace Present | No |
| Heating Type | Baseboard Heaters |
| Size Interior | 4720 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Septic System |
| Size Depth | 119 Ft |
| Size Frontage | 132 Ft |
| Size Irregular | Unit=132.37 X 119.03 Acre |
| Size Total Text | Unit=132.37 X 119.03 Acre |
| Zoning Description | R3 |
https://www.realtor.ca/real-estate/26827598/151-main-street-bluewater
Interested?
Contact us for more information
Jon Baker
Salesperson
(519) 473-9992
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
London and St. Thomas Association of REALTORS®
Prime Real Estate Brokerage
June 10 2024 09:20:47
