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USD 1,943,380

52 QUEEN Street
Langton, Ontario

Beds 21
Baths 14

Property Description

ATTENTION INVESTORS: Fourteen (14) plex income property, intelligently designed for quality tenants; retirees, families & seniors. This building consists of Seven (7) 2 bdrm., 1 bath units & Seven (7) 1bdrm, 1 bath units. Prime location & modern construction will enhance tenant retention and your ability to maximize rents. Turn-key operation with the unique benefits of getting top dollar market rents, with quality tenants paying separate utilities. Many long term tenants. Low maintenance concerns for years to come. Desirable Hamlet has Grocery/Convenience stores, restaurant & LCBO within a few blocks. Ample parking for at least 20 cars and property fronts on three streets. Easily Rented Building has maintained good reputation with tenants and landlord. Fire Inspections completed yearly & water inspection is up to date. Security entrances. Upgrades Include - New Membrane Roof 2015. Fire Extinguishers in excess of minimum standard. Smoke Detectors replaced - 14 Heat Sensors added (1 per unit) so that each unit now has a smoke detector and a heat sensor - Water Maintained by landlord, regularly treated and inspected. Tenants pay Hydro & Heat. Landlord supplies hot water. Coin Laundry each level. See how this turn-key multi unit apartment building can anchor your portfolio with quality tenants & good cash flow. (id:8860)

Listed by Coldwell Banker G. R. Paret Realty, Brokerage

Property Details

ID #
40282051
Status
For Sale
Type
Residential, Multi-Family Home, Multi Residential
Postal Code
N0E1G0
Lot Area
1ft2
Parking Spaces
15
Roof Material
Metal roof
Basement
Unfinished
Exterior Description
Aluminum Siding, Brick, Vinyl Siding
Fireplace Description
Electric
General
Laundry Facilities, Smoke Detector
Heating Type
Baseboard
Lot Description
Access Type - Road
Water
Well

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