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2946 LOUGH ROAD
South Mountain, Ontario K0E1W0

$825,000

ID# 1391771

ABOUT THIS PROPERTY


Incredible Investment Opportunity! Apartment Building on 2+ Acres with Expansion Potential! Presenting a rare gem - an apartment building with seven fully rented units and the potential to expand with an additional six units on two floors! Seven fully rented units ensure immediate income generation. The Addition of six units the 2nd and 3rd floors, will maximize your investment plus the opportunity to expand. Enjoy cash flow from day one with all units currently rented. The 2nd and 3rd floors have plumbing and hydro already installed. Please respect the privacy of current tenants. Act Fast! This is your chance to be part of the flourishing real estate landscape in South Mountain. Don't miss out on this great investment opportunity! No Showings After 5 PM, The 2nd and 3rd floors do not have lighting. Form 560 - Confidentiality Agreement must be signed before any financials are provided. (id:25961)

PROPERTY DETAILS


Year Built 1924
Heating Type Baseboard heaters, Radiant heat
Heating Fuel Electric, Natural gas
Stories Total 2

Property Type


Multi-family
Courtesy of CENTURY 21 RIVER'S EDGE LTD.

Listed on: May 13, 2024

On market: 10 days

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SIMILAR PROPERTIES


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