2039 County Rd. 44

Edwardsburgh/Cardinal

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 t 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. Plenty of parking and outdoor space for each tenant.

This multiplex home located at 2039 County Rd. 44, Edwardsburgh/Cardinal, ON K0E 1X0 is currently for For Sale and has been available on Wedu.ca for 36 days. This property is listed at CA$1M. It has 9 beds, 10 bathrooms, and is 5000+ square feet. The property is N/A years old. 2039 County Rd. 44, Edwardsburgh/Cardinal, ON K0E 1X0neighborhood .