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2039 County 44 Road Spencerville, Ontario K0E 1X0

Central Air Conditioning Forced Air

$715,000

This Turn-Key investment property is located minutes from the 401, U.S. Bridge and the 416. Originally a local motel, this commercially-built property was converted to a 7-Unit Residential Apartment Complex in the late-90's. With upgraded septic, new boiler systems and high efficiency propane furnaces in the last 3 years this properties major capital expenses are accounted for! Tenant profiles range from Retirees, Young Families to long-term area residents. *Financial Analysis provided upon request: Bank/Lending considerations taken into account for Buyer needs. (id:22911)

Property Details

MLS® Number 1060072
Parking Space Total 20
Property Type Multi-family

Building

Constructed Date 1960
Cooling Type Central Air Conditioning
Exterior Finish Siding
Fireplace Present No
Heating Fuel Propane
Heating Type Forced Air
Stories Total 2

Land

Acreage No
Sewer Septic System
Size Depth 322 Ft ,11 In
Size Frontage 274 Ft ,3 In
Size Irregular 274.25 Ft X 322.89 Ft
Size Total Text 274.25 Ft X 322.89 Ft
Zoning Description Highway Commercial

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