$1,500,000 FOR SALE

Business for Sale

Total Area: 4,720 ft2

151 Main Street
South Huron, ON N0M 1N0

INCREDIBLE INVESTMENT OPPORTUNITY awaits for this 10+2 apartment bundle! A 10 unit apartment building and a neighbouring duplex, located in the quaint village of Dashwood, have minimal turnover and no vacancies currently. Tenants pay their own utilities with the exception of water usage. A 1.84 acre lot is included; currently, it holds the septic system for the apartments. Recent apartment upgrades include: 4 new water heaters (1 in duplex,3 in 10plex); along with window upgrades ($15,000 new windows being installed); soffit, fascia and eavestroughs; lighting with motion sensors in the 10plex for efficiency and security, and more! Local property management services are available and rental increases are in place for 2024. Additional storage space is available in the basement of the 10plex which could generate revenue. NOTE: Revenue and expenses will be provided and Seller will approve showings only for serious inquiries in order to minimize disruption for tenants. Capitalize on this investment opportunity and maximize your profit! (id:47423)

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Listed By PRIME REAL ESTATE Brokerage
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8282422
Last Updated May 14, 2024
Property Summary
Property Type Business For Sale

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Franchise Non-Franchise
Price History
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Detailed Information
Bedrooms 19
Bathrooms 12
Total Area 4,720 ft2
Features Laundry- Coin operated
Listing Contract Date 2024-03-13
# of Parking Spaces 12
Property Type Business
Structures Deck
Transaction Type For sale
Building
Basement Type Full
Exterior Finish Vinyl siding, Brick
Fire Protection Controlled entry
Fireplace Present Yes
Foundation Type Stone, Block
Heating Fuel Natural gas
Heating Type Forced air
Utility Water Municipal water
Land
Total Size Unit=132.37 x 119.03 Acre | 2 - 4.99 acres
Acreage Yes
Sewer Septic System
Size of Irregular Land Unit=132.37 x 119.03 Acre

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