415 MAIN STREET, Shallow Lake, Ontario N0H 2K0
$1,680,000.00
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:25417)
- Listing ID: X13733408
- Property Type: Multi-family
| Property | |
|---|---|
| Land Size: | 2.114 Ac |
| Building | |
|---|---|
| Type: | Multi-family Multi-Family |
| HVAC: | Fireplace, Forced Air and Hot Water Radiator Heat Natural Gas |
| Utilities: | Septic System |
| Location | |
|---|---|
| Village: | Shallow Lake |
| Province: | Ontario |
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