12 HARRIET STREET Active

Severn (coldwater),ON L0K1E0

$ 1399000

- Bed

- Bath

4200 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,200 sqft

Price per Sqft $333

Subdivision Coldwater

MLS Listing ID S12252008

Source Toronto Regional Real Estate Board

Property Description

Welcome to 12 Harriet St, Coldwater with 4 of the 5 units are nicely renovated (check the photos), this solid and well updated former school in Coldwater, Ontario is just over 4000 sq feet. The building has a newer roof, mostly newer windows, all separate hydro meters ( one for each of the units and a 6th for the common areas of the building. Nicely landscaped and has a large parking lot. Updated front and back entrances to the building. There is also a newer coin laundry pair in the building that generate over $2500/annually. Newer furnace (gas) and two new 60 gallon hot water tanks. The stunning upstairs renovated apartment shows what the building has to offer ( pressed tin 13 foot ceilings). Brand new salient fact report available, calculations proving a 5.5% CAP rate. Large upside when last remaining unit can be renovated to take the rent from $680/month to $2500/month. This building has be thoughtfully renovated and meticulously maintained. Solid tenant base, and no building problems!! (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Hot water radiator heat

Cooling Partially air conditioned

Exterior

Parking Features No

View Y/N No

Private Pool No

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