Property Address: 25 Alexandra St, Bracebridge, ON, P1L1H7
Average square foot calculated using Size range provided by listing agent.
Description
Great opportunity for Investment. Purchase a 12 Unit Apartment Building. The property currently has approximately 2 Acres of Land, included, of which the owner is in the process of zoning and severing for a proposed 14 unit Apartment Building. The building can be purchased with or without the extra acre + of land. Price is based on 5.5% cap rate on CMHC income and expense standards. Common area water & sewer $5, 331/yr and Hydro $1, 516/yr. Tenant pays utilities. Common are payable by Owner. (id:58753)Show Description