23 MOFFAT STREET Morewood, Ontario K0A2R0

ID# 1138808


Forced air Other

This converted school is a great investment opportunity. Money and time has been spent on this property to get the building and apartment in tip top shape. 2018 NOI indicates the last major expenditures which need to be spent. The property currently consists of 12 units (10 X 1 bedroom and 2 bachelors) and there is further expansion potential in the former gym area. This apartment has been retrofitted with updated septic, well water supply and treatment, an alarm system, a new heating system, and a recent roof. There are 2 laundry locations, one on each floor and each unit has been fitted with wider doors to accommodate universal accessibility. 10 of the apartments have electric fireplaces. (id:25961)

Interested In This Listing?

Request More Listings Information

John Carkner
Sales Representative

office: 613.258.1990
cell: 613.371.4022
Visit John's Website

Sue Barnes

o: 613.258.1990
c: 613.292.5889
Visit Sue's Website
Bathroom Total 0
Half Bathrooms Total 0
Year Built 1936
Heating Type Forced air, Other
Heating Fuel Natural gas, Electric
Stories Total 2
Purchase price
Please enter here the amount you expect to pay for a home.
Enter a value
Down payment
Down payment is cash that you pay upfront for your home.
Enter a value
Term in years
Number of years you have to pay.
Enter a value
Interest rate (per year)
The percentage of interest that you will pay on your mortgage for a specific term.
Enter a value
Property tax
Enter your property tax here if you know it.
per year
Enter a value
Home insurance
Most lenders require home insurance. Enter its price here.
per year
Enter a value
PMI is Private Mortgage Insurance which is usually required to pay if your Down payment less than 20%.
per month
Enter a value

Your total monthly payment


Principal & Interest
Home insurance
Property taxes