$1,695,000 | Angus Essa (angus) Other for Sale at 254 Centre Street E Essa (angus)

Rarely available Legal 10-Plex apartment building . Four 2 beds / Six 1 beds with spacious well laid out apartments throughout ( see attached floorplans) . The units are separately metered for gas and hydro hence all tenants pay their own separate heat and hydro bills plus rental gas water heaters. Heating via gas fireplaces or gas wall units with some electric baseboard supplemental heat. Fully rented with good tenant portfolio . Excellent income and expenses figures with healthy upside to potential rents . Lots of parking spots for tenants and visitors . Laundry room with coin washer dryers . Quiet side street location on a good sized mature lot with plenty of outside lawn area for tenants . Zoning R 3 Medium Density Believed original front 4 units building added too with addition in 1987 of rear 6 unit building connected by hallways laundry and storage areas. Building just updated Fire code compliant. Solid Investment opportunity to add to your portfolio ! (id:6289)

Angus Map, Demographics, Characteristics