Great opportunity for Investment. Purchase a 10 Unit - 2 storey Apartment Building on approx 2.114 Acre of Land. 8 - 2 Bedroom and 2 - 1 Bedroom Units. Common area water & sewer $11,004/yr and Hydro $11,212/yr. Separate gas units in each apartment. Small, quiet community, attracts residents from neighboring towns. Central location between Owen Sound, Sauble Beach. Short drive located conveniently located on Hwy between Owen Sound and Sauble Beach. Septic system replaced 2 years ago. Price is based on 6.7% cap rate on CMHC income and expense standards. (id:57276)
| BusinessType | Residential |
| BusinessSubType | Apartments |
| MLS® Number | X13733408 |
| Property Type | Multi-family |
| Community Name | Georgian Bluffs |
| AmenitiesNearBy | Recreation |
| Features | Irregular Lot Size |
| CoolingType | None |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air, Hot Water Radiator Heat |
| SizeInterior | 2 Ac |
| Type | Multi-family |
| UtilityWater | Municipal Water |
| Acreage | Yes |
| LandAmenities | Recreation |
| Sewer | Septic System |
| SizeDepth | 298 Ft ,8 In |
| SizeFrontage | 331 Ft ,5 In |
| SizeIrregular | 2.114 |
| SizeTotal | 2.114 Ac |
| SizeTotalText | 2.114 Ac |
| ZoningDescription | Pd - Planned Development |
https://www.realtor.ca/real-estate/30221483/415-main-street-georgian-bluffs-georgian-bluffs
Contact us for more information
Bruce Brown
Salesperson
Carole Perron
Salesperson