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$1,499,900
Available - For Sale
Listing ID: X11882647
Charming 10-Unit Apartment Building built in 1870 offering spacious 1 bedroom apartments with storage lockers and parking for 10+ vehicles. Nestled in one of Paris most vibrant neighbourhoods, this exceptional building offers a terrific investment opportunity for savvy investors looking to expand your portfolio in a growing city. Original architectural details including high ceilings and stately trimwork is blended with modern updates to demonstrate the elevated market rent the units will garner with some sweat equity. Two suites feature private exterior access and can be considered premium ground floor apartments with proper upgrade. Shared coin operated laundry available on site for additional income. Lots of potential for income growth with further improvements to original condition units. Separate hydro meters. The close proximity to Paris' budding downtown core with restaurants and shopping offers a desirable area to consistently attract quality tenants. Looking for long term potential? A new high density residential development is occurring on neighbouring property to the south with additional low density subdivisions being constructed around Paris. Recent survey and planning report can be provided. Do not go direct to building.
Price $1,499,900
Taxes: $11,736
Tax Type: Annual
Occupancy by: Tenant
Address: 55 Willow St , Brant, N3L 2K8, Ontario
Postal Code: N3L 2K8
Province/State: Ontario
Legal Description: LTS23&24,E/SWILLOWST,TOWN OF PARIS, ; PA
Lot Size: 132 x 125 (Feet)
Directions/Cross Streets: Dudas St. E to Willow St
Zoning: Multi residentia
Category: Apartment
Use: Apts-6 To 12 Units
Building Percentage: Y
Total Area: 688
Total Area Code:  Sq Ft
Heat Type: Gas Forced Air Open
Central Air Conditioning: N
Water: Municipal
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Asking Price: $ Heating: $ /Year  
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RE/MAX ESCARPMENT REALTY INC.

55 Willow St , Brant, N3L 2K8, Ontario

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Investment
Area: Brant
Municipality: Brant
Neighbourhood: Paris
Style:
Lot Size: 132.00 x 125.00(Feet)
Approximate Age:
Tax: $11,736
Maintenance Fee: $0
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic sales@bestforagents.com pic Cell: 416-548-7854 | Office: 416-548-7854
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