2039 County Road 44 RD Pending Save Request In-Person Tour Request Virtual Tour
Edwardsburgh/cardinal,ON K0E 1X0
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Pending
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision 807 - Edwardsburgh/Cardinal Twp
MLS Listing ID X10434131
Style 2-Storey
Bedrooms 9
Annual Tax Amount $5,100
Tax Year 2024
Property Sub-Type Multiplex
Appx SqFt 5000 +
Property Description
Exceptional opportunity for an investor looking to grow their portfolio with a cash positive investment. This Turn-Key property is located minutes from the 401, U.S. Bridge and Hwy. 416. Originally a motel, this commercially-built property was converted to a 7-Unit Residential Apartment Complex in the late 90's Preliminary approval in place for storage rental spaces. Upgraded septic and two wells service the property. Mechanical upgrades in the past 7 years include boiler systems, metal shingles and high efficiency propane furnaces in the last 7 years. Owner occupied unit will be vacant upon closing. Main building consists of 1-3 bedroom, 4-2 bedroom, 2-1 bedroom, detached garage and separate laundry. 3 of the 2 bedroom units have 2 baths, all other units have one bath. Units 3, 4 and 5 are 3pce., Units 1, 2, 6 and 7 are 4pce. Plenty of parking and outdoor space for each tenant.
Location
Province ON
County Leeds And Grenville
Community 807 - Edwardsburgh/Cardinal Twp
Area Leeds And Grenville
Rooms
Family Room No
Kitchen 7
Interior
Cooling Central Air
Exterior
Parking Features Available
Garage Spaces 1.0
Pool None
Roof Type Metal
Building
Foundation Slab