Welcome to 12 Harriet Street, Coldwater, with 4 of the 5 units are nicely renovated (check the photos), this solid and well updated former school in Coldwater, Ontario is just over 4000 sq feet. The building has a newer roof, mostly newer windows, all separate hydro meters ( one for each of the units and a 6th for the common areas of the building. Nicely landscaped and has a large parking lot. Updated front and back entrances to the building. There is also a newer coin laundry pair in the building that generate over $2500/annually. Newer furnace (gas) and two new 60 gallon hot water tanks. The stunning upstairs renovated apartment shows what the building has to offer ( pressed tin 13 foot ceilings). Brand new salient fact report available, calculations proving a 5.5% CAP rate. Large upside when last remaining unit can be renovated to take the rent from $680/month to $2500/month. This building has be thoughtfully renovated and meticulously maintained. Solid tenant base, and no building problems!!
For sale
C$1,399,000
12 Harriet St, Severn, ON L0K 1E0
7beds
5baths
4,200sqft
Multi-5 Unit, Multi Family
Built in 1924
-- sqft lot
$-- Zestimate®
C$333/sqft
C$-- HOA
What's special
Newer roofNewer windowsLarge parking lotNewer coin laundry pairNewer furnaceHot water tanksStunning upstairs renovated apartment
- 58 days
- on Zillow |
- 18 |
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