Introducing this incredible investment opportunity! Over 7% cap rate! Located in the quaint town of Freelton, right across from a municipal park. This amazing location is just 14 minutes to downtown Waterdown, 8 minutes to the 401, and 25 minutes to Cambridge. Get your hands on this 1/2 property with 2 residential buildings on it. The upper building consists of 4 two-bedroom apartments with forced air heating & air conditioning. The lower building consists of 2 two-bedroom apartments and 2 one-bedroom apartments with forced air heating. A large garage/shop that is approximately 1,400 square feet can provide additional revenue or keep as personal storage for your toys. Additional income/offset with solar panel contract. Tenant parking for over 10 cars. Onsite coin operated laundry for added convenience. Literally an investors dream property. Nothing to do but collect the rent! Great tenants! Gems like these don’t come around often. Don’t be TOO LATE*! *REG TM. RSA. (id:35544)
| MLS® Number | 40748020 |
| Property Type | Multi-family |
| AmenitiesNearBy | Golf Nearby, Park, Place Of Worship, Playground, Schools |
| CommunityFeatures | Quiet Area, School Bus |
| EquipmentType | Water Heater |
| Features | Laundry- Coin Operated |
| ParkingSpaceTotal | 9 |
| RentalEquipmentType | Water Heater |
| BathroomTotal | 10 |
| BedroomsTotal | 13 |
| BasementDevelopment | Unfinished |
| BasementType | Full (unfinished) |
| ConstructionMaterial | Concrete Block, Concrete Walls |
| CoolingType | Central Air Conditioning, Wall Unit |
| ExteriorFinish | Concrete, Vinyl Siding |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 6316 Sqft |
| UtilityWater | Municipal Water |
| Attached Garage |
| AccessType | Highway Access |
| Acreage | No |
| LandAmenities | Golf Nearby, Park, Place Of Worship, Playground, Schools |
| Sewer | Septic System |
| SizeDepth | 252 Ft |
| SizeFrontage | 66 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | S2 |
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