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Halton Hills (georgetown),ON L7G3G8
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Georgetown
MLS Listing ID W9416795
Property Description
Attention All Investors & Developers!! You have two options with this property: (1) keep this as a cash flowing 4-plex investment property; or (2) apply to build 6 or 7 townhouses on this site. Amazing Opportunity To Own A Large Fully Tenanted 4-Plex On A Huge 142Ft X 132Ft Lot Steps To Historic Downtown Georgetown! This Is A Very Lucrative Opportunity With Excellent Income And Huge Development Potential!!Legal Non-Conforming Status. Separately Metered Hydro W/ Separate Entrance To Each Unit. Projected revenue of $100,800 per year. For Sale at a 5.19% Cap Rate. Property can be VACANT ON CLOSING. Contact the Listing Agent for the property's financial statements and more information regarding possible re-zoning & development of this property. **** EXTRAS **** Two furnaces, 1 unit is heated with electric baseboards. (id:24570)
Location
Province ON
Interior
Heating Forced air
Cooling Partially air conditioned
Exterior
Garage No
Waterfront No
View Y/N No
Building
Sewer Sanitary sewer