254 Centre ST E new

Essa,ON L0M 1B2

$ 1780000

14 Beds

10 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Angus

MLS Listing ID N12281850

Style 2-Storey

Bedrooms 14

Annual Tax Amount $6,199

Tax Year 2024

Property Sub-Type Multiplex

Property Description

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 !

Location

Province ON

County Simcoe

Community Angus

Area Simcoe

Rooms

Family Room No

Kitchen 10

Interior

Heating Yes

Cooling None

Exterior

Parking Features Private Double

Pool None

Roof Type Asphalt Shingle,Membrane

Building

Foundation Block

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