0.43 ac
Partially Air Conditioned
Forced Air
$1,550,000
Attention All Investors & Developers!! You have two options with this property: (1) keep this as a cash flowing 4-plex investment property; or (2) apply to build 6 or 7 townhouses on this site. Amazing Opportunity To Own A Large Fully Tenanted 4-Plex On A Huge 142Ft X 132Ft Lot Steps To Historic Downtown Georgetown! This Is A Very Lucrative Opportunity With Excellent Income And Huge Development Potential!!Legal Non-Conforming Status. Separately Metered Hydro W/ Separate Entrance To Each Unit. Projected revenue of $100,800 per year. For Sale at a 5.19% Cap Rate. Property can be VACANT ON CLOSING. Contact the Listing Agent for the property's financial statements and more information regarding possible re-zoning & development of this property. **** EXTRAS **** Two furnaces, 1 unit is heated with electric baseboards. (id:50976)
Business
|
Business Type
|
Residential |
|
Business Sub Type
|
Apartments |
Property Details
|
MLS® Number
|
W10410274 |
|
Property Type
|
Multi-family |
|
Community Name
|
Georgetown |
|
Parking Space Total
|
10 |
Building
|
Appliances
|
Dryer, Refrigerator, Stove, Two Washers |
|
Cooling Type
|
Partially Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
0.43 Ac |
|
Type
|
Multi-family |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
132 Ft |
|
Size Frontage
|
142 Ft |
|
Size Irregular
|
142 X 132 Ft |
|
Size Total Text
|
142 X 132 Ft |
|
Zoning Description
|
Ldr1-2(mn) |
https://www.realtor.ca/real-estate/27624109/20-24-main-street-n-halton-hills-georgetown-georgetown
