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Date Listed 29-Nov-16
Price
$439,000.00
Address Goderich, ON N7A2G5
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Bedrooms (#) 6 or more bedrooms
Bathrooms (#) 6 or more bathrooms
Size (sqft) 11,000
For Sale By Owner

  • Description
Description
Located in Goderich Ontario... " The prettiest town in Canada "...on the shores of Lake Huron.

It is centrally located to the town square and shopping.

There are 4 ground level apartments,1 upper level apartment and 1 lower level apartment.

2-2 bedroom units on ground level (1 has laundry hookup in apt)
2-1 bedroom units on ground level
1-4 bedroom very large (1940 sq ft) upper apartment (has laundry hookup in apt)
1-2 bedroom lower level unit (unfinished)

New gas heat installed in all 4 ground level units in 2013.

Coin operated on-site laundry.

A very well maintained solid building with ample parking.

All apartments are separately metered...and tenants pay all utilities.

Attached garage for extra income.

This building could be converted to a 7-plex by dividing the large upper unit into 2 separate apts...which would then substantially improve the Cap Rate.

Price negotiable.

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