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479 Eldon Rd, Little Britain, ON

Name: 479 Eldon Rd, For Sale in Little Britain - eXp Realty
Brand: KELLER WILLIAMS REFERRED URBAN REALTY
SKU: X13492578
Price: 2750000 CAD

House

For Sale

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0025

MLS® X13492578

Property Details
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Description

Excellent investment opportunity featuring a fully tenanted 15-unit apartment building together with a 15.9-acre vacant land parcel in the Hamlet of Little Britain, north of Port Perry and west of Lindsay. Offered for sale as one package, this property present a rare combination of stable cash flow, value-added potential, and future development opportunities. The apartment building consists of 12 one-bedroom units and 3 studio units and currently generates approximately $186, 000 in annual gross income and approximately $122, 000 in annual net operating income. Fourteen of the fifteen units are separately metered. Six units have been renovated, providing future upside through the renovation of the remaining suites. New roof installed in 2023. Included in the offering is an approximately 15.9-acre vacant land parcel with a completed concept plan illustrating the potential for 10 residential lots. The combination of in-place income, rental growth potential, and significant land holdings creates a compelling opportunity for investors, developers, and land bankers alike. (id:58753)Show Description

Key Facts

Type Multi Family

Levels Residential Income

Size 19 sqft

Taxes $2,243

Days Active 46

Lot Size 18.92 Acres

Avg. Price Per Sqft $144,736

MLS® Number X13492578

Central VacNo

FireplaceNo

HeatBaseboard heaters

A/CNone

Additional Information

Sewage System Septic Tank

Landscaping Irregular lot size

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