Royal LePage Don Hamilton Real Estate Brokerage
133 Wellington Street East Street Mount Forest, Ontario N0G 2L2
$1,950,000
Welcome to the well maintained and renovated 12-plex in Mount Forest, where each unit is separately metered, opportunities like this don't come up often, Over the past decade, extensive renovations have transformed this property into a modern haven while retaining its timeless charm. Enjoy the convenience of backing onto public parking and being steps away from shops, building has high tenant satisfaction. With exceptional returns grossing just under 160K per year and growth potential, this investment opportunity stands out, Additionally, the current management company is willing to continue management, ensuring a smooth transition for the new owner. Don't miss this rare chance to be part of such a thriving venture! (id:51300)
Property Details
| MLS® Number | 40573568 |
| Property Type | Multi-family |
| AmenitiesNearBy | Schools, Shopping |
| Features | Laundry- Coin Operated |
| ParkingSpaceTotal | 6 |
Building
| BathroomTotal | 12 |
| BedroomsTotal | 18 |
| BasementDevelopment | Unfinished |
| BasementType | Partial (unfinished) |
| CoolingType | None |
| ExteriorFinish | Brick, Vinyl Siding |
| FoundationType | Block |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 2 |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeFrontage | 71 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | C1 |
https://www.realtor.ca/real-estate/26770744/133-wellington-street-east-street-mount-forest
Paul Van Grootheest
Broker
Eric Wayne Van Grootheest
Broker of Record
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June 18 2024 04:36:20
Guelph & District Association of REALTORS®
Century 21 Excalibur Realty Inc