$1,250,000

Investment For Sale In Goderich (Goderich (Town)), Ontario

$1,250,000

Property Information:

Welcome to 59 North Street, an investment opportunity in the heart of Goderich! This six-unit residential income property features five one-bedroom apartments and one two-bedroom apartment, with each unit separately metered to help simplify utility management and operating expenses. Ideally situated in a high-demand rental area, the property is within walking distance of downtown, shopping, offices, parks, and the beautiful shores of Lake Huron, making it an attractive location for tenants. Several units are currently vacant, providing the opportunity for a new owner to set market rents and implement their own property management strategy. Extensive renovations have been completed throughout the building, and the property is fully compliant with current fire code requirements, offering added peace of mind. Additional highlights include a spacious rear yard and a storage shed, providing valuable outdoor space and convenient storage. Whether you're looking to expand your investment portfolio or acquire an income-producing property, 59 North Street offers an excellent opportunity in one of Ontario's most desirable lakefront communities. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Amenities: Separate Hydro Meters
  • Basement Development: Finished
  • Basement Type: N/A, N/A, N/A
  • Exterior Finish: Brick
  • Floor Space: 3000 - 3500 sqft Square Feet
  • Foundation Type: Stone
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: All

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5+2
  • Bathrooms: 6
  • Access Type: Year-round access
  • Amenities Nearby: Hospital, Marina
  • Community Features: Community Centre
  • Features: Level lot, Flat site
  • Floor Space (approx): 3000 - 3500 Square Feet
  • Irregular: Yes
  • Lot Depth: 156.3 Feet
  • Lot Frontage: 69.6 Feet
  • Lot Size: 69.6 x 156.4 FT
  • Structure Type: Shed
  • Utility Type: Cable - Available, Hydro - Installed, Sewer - Installed
  • Zoning: C5
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 8

Courtesy of: Pebble Creek Real Estate Inc.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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