52 QUEEN Street

Multi-family For Sale in Langton, Ontario

$2,100,000
  • 21 Beds
  • 14 Baths
  • 12,000 Sq. Ft.
ATTENTION INVESTORS: Fourteen (14) plex income property, intelligently designed for quality tenants; retirees, families & seniors. This building consists of Seven (7) 2 bdrm., 1 bath units & Seven (7) 1bdrm, 1 bath units. Prime location & modern construction will enhance tenant retention and your ability to maximize rents. Turn-key operation with the unique benefits of getting top dollar market rents, with quality tenants paying separate utilities. Many long term tenants. Low maintenance concerns for years to come. Desirable Hamlet has Grocery/Convenience stores, restaurant & LCBO within a few blocks. Ample parking for at least 20 cars and property fronts on three streets. Easily Rented Building has maintained good reputation with tenants and landlord. Fire Inspections completed yearly & water inspection is up to date. Security entrances. Upgrades Include - New Membrane Roof 2015. Fire Extinguishers in excess of minimum standard. Smoke Detectors replaced - 14 Heat Sensors added (1 per unit) so that each unit now has a smoke detector and a heat sensor - Water Maintained by landlord, regularly treated and inspected. Tenants pay Hydro & Heat. Landlord supplies hot water. Coin Laundry each level. See how this turn-key multi unit apartment building can anchor your portfolio with quality tenants & good cash flow. (id:4069)
Address 52 QUEEN Street
List Price $2,100,000
Property Type Multi-family
Area Ontario
Sub-Area Langton
Bedrooms 21
Bathrooms 14
Floor Area 12,000 Sq. Ft.
Lot Size 0.738 Sq. Ft.
MLS® Number 40282051
Listing Brokerage Coldwell Banker G.R. Paret Realty Limited Brokerage
Basement Area Partial (Unfinished)
Postal Code N0E1G0
Zoning RH
Site Influences Schools, Shopping
Features Paved driveway, Laundry- Coin operated

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