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2039 County 44 Road Spencerville, Ontario K0E 1X0

Central Air Conditioning Forced Air

$715,000

This Turn-Key investment property is located minutes from the 401, U.S. Bridge and the 416. Originally a local motel, this commercially-built property was converted to a 7-Unit Residential Apartment Complex in the late-90's. With upgraded septic, new boiler systems and high efficiency propane furnaces in the last 3 years this properties major capital expenses are accounted for! Tenant profiles range from Retirees, Young Families to long-term area residents. *Financial Analysis provided upon request: Bank/Lending considerations taken into account for Buyer needs. (id:25865)

Property Details

MLS® Number 1060072
Property Type Multi-family
Neigbourhood Cardinal
Parking Space Total 20

Building

Constructed Date 1960
Cooling Type Central Air Conditioning
Exterior Finish Siding
Fireplace Present No
Heating Fuel Propane
Heating Type Forced Air
Stories Total 2

Land

Acreage No
Sewer Septic System
Size Depth 322 Ft ,11 In
Size Frontage 274 Ft ,3 In
Size Irregular 274.25 Ft X 322.89 Ft
Size Total Text 274.25 Ft X 322.89 Ft
Zoning Description Highway Commercial

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=18207711

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