Welcome to the well maintained and renovated 12-plex in Mount Forest, where each unit is separately metered, opportunities like this don't come up often, Over the past decade, extensive renovations have transformed this property into a modern haven while retaining its timeless charm. Enjoy the convenience of backing onto public parking and being steps away from shops, building has high tenant satisfaction. With exceptional returns grossing just under 160K per year and growth potential, this investment opportunity stands out, Additionally, the current management company is willing to continue management, ensuring a smooth transition for the new owner. Don't miss this rare chance to be part of such a thriving venture! (id:37788)
MLS® Number | 40573568 |
Property Type | Multi-family |
Amenities Near By | Schools, Shopping |
Features | Laundry- Coin Operated |
Parking Space Total | 6 |
Bathroom Total | 12 |
Bedrooms Total | 18 |
Basement Development | Unfinished |
Basement Type | Partial (unfinished) |
Cooling Type | None |
Exterior Finish | Brick, Vinyl Siding |
Foundation Type | Block |
Heating Type | Baseboard Heaters |
Stories Total | 2 |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Schools, Shopping |
Sewer | Municipal Sewage System |
Size Frontage | 71 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | C1 |
https://www.realtor.ca/real-estate/26770744/133-wellington-street-east-street-mount-forest
(519) 787-1780
(519) 843-3455
https://excaliburrealty.c21.ca/
(519) 787-1780
(519) 843-3455
https://excaliburrealty.c21.ca/
Contact us for more information