42a Huron Street , Deep River, ON K0J1P0
Deep River, ON K0J1P0
Description
INCREDIBLE OPPORTUNITY!! Take advantage of the huge demand and shortage of rentals with this RARE all brick, 23 Unit nestled in the booming beautiful town of Deep River close to the shores of the Mighty Ottawa River. This safe, quiet, friendly and vibrant community is known for a great place to retire and is on the doorsteps of major employers like the expanding CNL Labs and Garrison Petawawa with many amenities. Offering all 2 Bedroom Units priced at only $87,000 per unit! This building has the POTENTIAL to gross over $300k at market rents and offer an 8% cap rate. Incredible opportunity with massive upside potential and possibly space for another smaller building on the lot. Tons of parking, coin operated laundry, and single storage room on each level. Extremely well-maintained building and excellent tenants (many retired). Mandatory 48 hr. irrev. on all offers. New Roof (2017). VERY CLEAN, WELL MAINTAINED BUILDING! Price is FIRM, Replacement cost over $7,500,000! (id:13843)
Details
| MLS# | X10418676 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Status | Active |
| Days On Site | 170 |
| Listing Provided By | ROYAL LEPAGE EDMONDS & ASSOCIATES | JASON TURCOTTE |
Features
| Zoning | R-4 |
|---|
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Learn More About This Property
| Province | ON |
|---|---|
| City | Deep River |
| Postal Code | K0J1P0 |
| Listing VS Median (In K0J1P0) | |
Price: $1,999,999 low | high Med: $649,900 On site: 170 low | high Med: 26.000000 | |