$1,585,000

Investment For Sale In Goderich, Ontario

$1,585,000

Property Information:

This centrally located 6 plex is nestled in the heart of Goderich, close to the amenities of the downtown Square. With a net income potential of $90,000, this property offers a remarkable investment opportunity. Character mixed with modern renovations and fire code requirements add to the appeal of the level of care. Purchase and move in or rent out. There are 4 vacant units and a strong interest from residential and office tenants. The options are yours to craft. 8 parking spaces - four on the north and four on the south side. Each of the six apartments are separately metered, comprising five 1-bedroom units and one 2-bedroom unit. A beautiful yard at the back provides a tranquil retreat for residents, complemented by a shed with hydro for bikes,etc. Enjoy scenic views and immerse yourself in the character of this building, originally constructed in 1889 and meticulously restored and renovated. This property has undergone numerous updates, ensuring both aesthetic appeal and safety compliance. Detailed documentation of renovations is available upon request. Don't miss this opportunity to own a piece of history while enjoying substantial income potential. Experience the charm and profitability of this Goderich gem - schedule your viewing today!

Inclusions: Carbon Monoxide Detector,Smoke Detector

Building Features:

  • Floor Space: 3318.63

Property Features:

  • Bedrooms: 7
  • Acres Range: < 0.5
  • Basement: Full, Finished
  • Built in: 1889
  • Cooling: None
  • Driveway Parking: Private Drive Triple+ Wide
  • Exterior Features: Separate Hydro Meters, Year Round Living
  • Floor Space (approx): 3318.63 Square Feet
  • Heating: Natural Gas, Radiator
  • Interior Features: Separate Hydro Meters, Upgraded Insulation
  • Laundry Features: Other
  • Lot Depth: 156.42 Feet
  • Lot Features: Rectangular, City Lot, Near Golf Course, Hospital, Library, Marina, Park, Place of Worship, Public Parking, Schools, Shopping Nearby, Trails
  • Lot Frontage: 69.63 Feet
  • Other Structures: Shed(s)
  • Parking Features: Asphalt
  • Road Frontage Type: Municipal Road
  • Roof: Asphalt Shing, Metal
  • Security Features: Carbon Monoxide Detector, Smoke Detector, Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Waterfront Features: Lake Privileges, Lake/Pond
  • Zoning: C5
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 8

Courtesy of: Royal LePage Heartland Realty

Data provided by: Huron Perth Association of REALTORS® Unit 5 - 55 Lorne Avenue East, Stratford, Ontario N5A 6S4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved