2039 County Rd. 44 N/A N Active Save Request In-Person Tour Request Virtual Tour
Edwardsburgh/cardinal,ON K0E 1X0
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
MLS Listing ID X9308740
Style 2-Storey
Bedrooms 9
Annual Tax Amount $5,100
Tax Year 2024
Lot Size 0.500 Acres
Property Description
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.
Location
Province ON
County Leeds & Grenville
Rooms
Family Room No
Kitchen 7
Interior
Cooling Central Air
Exterior
Exterior Feature Patio,Privacy
Garage Available
Garage Spaces 15.0
Pool None
Waterfront No
Roof Type Metal
Building
Foundation Slab