CAONShallow LakeRural Georgian Bluffs415 Main St

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415 Main St, Shallow Lake, ON

Name: 415 Main St, For Sale in Shallow Lake - eXp Realty
Brand: ED LOWE LIMITED
SKU: X13733408
Price: 1680000 CAD

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MLS® X13733408

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Description

Great opportunity for Investment. Purchase a 10 Unit - 2 storey Apartment Building on approx 2.114 Acre of Land. 8 - 2 Bedroom and 2 - 1 Bedroom Units. Common area water & sewer $11, 004/yr and Hydro $11, 212/yr. Separate gas units in each apartment. Small, quiet community, attracts residents from neighboring towns. Central location between Owen Sound, Sauble Beach. Short drive located conveniently located on Hwy between Owen Sound and Sauble Beach. Septic system replaced 2 years ago. Price is based on 6.7% cap rate on CMHC income and expense standards. (id:58753)Show Description

Key Facts

Type Multi Family

Levels Residential Income

Size 2 sqft

Taxes $7,020

Days Active 13

Lot Size 2.114 Acres

Avg. Price Per Sqft $840,000

MLS® Number X13733408

Central VacNo

FireplaceNo

HeatHot water radiator heat, Forced air, Natural gas

A/CNone

Additional Information

Sewage System Septic Tank

Landscaping Irregular lot size

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