Attention investors! 5 Plex on 0.955 Acres of land (almost 1 acre). Located next to small gas station with convenience store. 4 residential units fully leased plus 1 Commercial unit at front, 1166 sq ft . 2 bedroom apartment $900/m (superintendent/tenant). 2 bedroom apartment $800/m. 1 bedroom apartment $825/m. 1 bedroom apartment $780/m. 1 commercial unit $1200/m. Oct1st., Total rent to be $4425/month. Tenants pay own Heat and Hydro., and HWT in each unit.Approx., 4.8% Cap Rate at $1.1M List Price.***Many possibilities with this investment property. Rezoning to residential development is possible. Potential to be a drive through restaurant or coffee shop. Property has some wetland conservation at the back near the lot line. Great location across the road from school, near Brooklin Park and major roadways.Do Not Walk The Property without an appointment. |
Extras: Possible Seller take back 1st Mortgage up to 75% at current rates.*** |
Price | $1,100,000 |
Taxes: | $4262.08 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 11310 Guelph Line , Milton, L0P 1B0, Ontario |
Postal Code: | L0P 1B0 |
Province/State: | Ontario |
Legal Description: | PT LT 18, CON 3 NAS , AS IN 788307 TOWN |
Lot Size: | 106.50 x 306.38 (Feet) |
Directions/Cross Streets: | Guelph Line/15 Side Rd |
Category: | Apartment |
Use: | Apts-2 To 5 Units |
Building Percentage: | Y |
Total Area: | 4779.00 |
Total Area Code: | Sq Ft |
Retail Area: | 1166 |
Retail Area Code: | Sq Ft |
Sprinklers: | N |
Rail: | N |
Heat Type: | Baseboard |
Central Air Conditioning: | N |
Elevator Lift: | None |
Sewers: | Septic |
Water: | Well |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
EXP REALTY |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Halton |
Municipality: | Milton |
Neighbourhood: | Campbellville |
Lot Size: | 106.50 x 306.38(Feet) |
Tax: | $4,262.08 |