2 Acres
Hot Water Radiator Heat
Acreage
$2,980,000
Great opportunity for Investment. Purchase a 12 Unit Apartment Building. The property currently has approximately 2 Acres of Land of which the owner is in the process of zoning and severing. The building can be purchased with or without the extra acre + of land. Price is based on 5.3% cap rate on CMHC income and expense standards. Common area water & sewer $5,176/yr and Hydro $1,472./yr. Tenant pays utilities. Common are payable by Owner. (id:56991)
Business
BusinessType
|
Residential |
BusinessSubType
|
Apartments |
Property Details
MLS® Number
|
X12179714 |
Property Type
|
Multi-family |
Community Name
|
Macaulay |
Building
FireplacePresent
|
No |
HeatingFuel
|
Electric |
HeatingType
|
Hot Water Radiator Heat |
SizeInterior
|
2 Acres |
Type
|
Multi-family |
UtilityWater
|
Municipal Water |
Land
Acreage
|
Yes |
SizeIrregular
|
2.023 |
SizeTotal
|
2.023 Ac |
SizeTotalText
|
2.023 Ac |
ZoningDescription
|
R4, Ep1 |