ON > Deep River
Deep River, ON K0J 1P0,42A HURON ST
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Deep River, ON K0J 1P0,42A HURON ST
Deep River, ON K0J 1P0,42A HURON ST
Deep River, ON K0J 1P0,42A HURON ST
Deep River, ON K0J 1P0,42A HURON ST
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 1,999,999
Est. payment /mo
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Active

42A HURON ST Deep River, ON K0J 1P0

0.5 Acres Lot

UPDATED:

11/12/2024 02:12 AM

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

MLS Listing ID X10418676

Annual Tax Amount $28,145

Tax Year 2024

Lot Size 0.500 Acres

Property 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!

Location

Province ON

County Renfrew

Area 510 - Deep River

Rooms

Family Room No

Basement Full, Finished

Interior

Cooling Unknown

Heat Source Electric

Exterior

Garage Spaces 36.0

Pool None

Utilities Available Unknown

Roof Type Other

Parking Type Unknown

Building

Story 2

Foundation Block

Others

Security Features Unknown

Pets Description Unknown

Listed by ROYAL LEPAGE EDMONDS & ASSOCIATES

Jethro Seymour

Broker

+1(416) 712-0767

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42A HURON ST

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