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$ 1,695,000
Est. payment /mo
Price Dropped by $85K
254 Centre ST E Essa, ON L0M 1B2
14 Beds
10 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision Angus
MLS Listing ID N12281850
Style 2-Storey
Bedrooms 14
Annual Tax Amount $6,199
Tax Year 2024
Property Sub-Type Multiplex
Lot Depth 119.56
Lot Front 160.6
Appx SqFt 3500-5000
Property Description
Rarely available Legal 10-Plex apartment building . Four 2 beds / Six 1 beds with spacious well laid out apartments throughout ( see attached floorplans) . The units are separately metered for gas and hydro hence all tenants pay their own separate heat and hydro bills plus rental gas water heaters. Heating via gas fireplaces or gas wall units with some electric baseboard supplemental heat. Fully rented with good tenant portfolio . Excellent income and expenses figures with healthy upside to potential rents . Lots of parking spots for tenants and visitors . Laundry room with coin washer dryers . Quiet side street location on a good sized mature lot with plenty of outside lawn area for tenants . Zoning R 3 Medium Density Believed original front 4 units building added too with addition in 1987 of rear 6 unit building connected by hallways laundry and storage areas. Building just updated Fire code compliant. Solid Investment opportunity to add to your portfolio !
Location
Province ON
County Simcoe
Community Angus
Area Simcoe
Rooms
Family Room No
Basement Partial Basement
Kitchen 10
Separate Den/Office 6
Interior
Interior Features Separate Heating Controls, Water Heater
Heating Yes
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Private Double
Pool None
Roof Type Asphalt Shingle,Membrane
Lot Frontage 160.6
Lot Depth 119.56
Total Parking Spaces 17
Building
Unit Features Level
Foundation Block
Listed by HOMELIFE INTEGRITY REALTY INC.
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