Property Description for 2039 COUNTY RD. 44 N
Exceptional opportunity for an investor looking to grow their portfolio with a cash positive investment. This Turn-Key property is located minutes from the 401, U.S. Bridge and Hwy. 416. Originally a motel, this commercially-built property was converted t a 7-Unit Residential Apartment Complex in the late 90's Preliminary approval in place for storage rental spaces. Upgraded septic and two wells service the property. Mechanical upgrades in the past 7 years include boiler systems, metal shingles and high efficiency propane furnaces in the last 7 years. Owner occupied unit will be vacant upon closing. Main building consists of 1-3 bedroom, 4-2 bedroom, 2-1 bedroom, detached garage and separate laundry. 3 of the 2 bedroom units have 2 baths, all other units have one bath. Plenty of parking and outdoor space for each tenant. (id:38686)
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Property Details
Property Tax
: $5,100 (2023)MLS® #
: X9308740
Home Features
Property Type
: MultiFamily
Interior Features
Heating
: Forced air
Utilities
Sewer
: Septic System
Other
Parking Features
: Detached GarageExterior Features
: Vinyl siding
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