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$2,900,000
Est. payment /mo
10 Beds
10,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $290
Subdivision 43 - Hillcrest/Forbes Park
MLS® Listing ID 40657268
Bedrooms 10
Originating Board Cornerstone - Waterloo Region
Property Description
17 Unit building being offered at a 6.5% CAP rate in Waterloo Region! This property is located in the heart of downtown Hespeler. Fully occupied with 2 commercial/retail spaces on the main floor, 10 one-bedroom apartments and 5 bachelor apartments. Several units have recently been updated completely with new plumbing, wiring, kitchens, bathrooms, flooring, and windows. The parking lot is brand new with eighteen spaces, new retaining wall surrounding the property, and updated hallways with new carpet and freshly painted. This property is a money-maker and has a great tenant profile. Financial info available upon request. (id:24570)
Location
Province ON
Interior
Heating Baseboard heaters, , Forced air,
Cooling None
Exterior
Garage No
Community Features High Traffic Area, School Bus
Waterfront No
View Y/N No
Total Parking Spaces 18
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold