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:15069)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | X13733408 |
| Property Type | Multi-family |
| Community Name | Georgian Bluffs |
| Amenities Near By | Recreation |
| Features | Irregular Lot Size |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air, Hot Water Radiator Heat |
| Size Interior | 2 Acres |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | Yes |
| Land Amenities | Recreation |
| Sewer | Septic System |
| Size Depth | 298 Ft ,8 In |
| Size Frontage | 331 Ft ,5 In |
| Size Irregular | 2.114 |
| Size Total | 2.114 Ac |
| Size Total Text | 2.114 Ac |
| Zoning Description | Pd - Planned Development |
https://www.realtor.ca/real-estate/30221483/415-main-street-georgian-bluffs-georgian-bluffs
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