151 Main Street Dashwood, Ontario N0M 1N0
$1,500,000
INCREDIBLE INVESTMENT OPPORTUNITY awaits for this 10+2 apartment bundle! A 10 unit apartment building and a neighbouring duplex, located in the quaint village of Dashwood, have minimal turnover and no vacancies currently. Tenants pay their own utilities with the exception of water usage. A 1.84 acre lot is included; currently, it holds the septic system for the apartments. Recent apartment upgrades include: 4 new water heaters (1 in duplex,3 in 10plex); along with window upgrades ($15,000 new windows being installed); soffit, fascia and eavestroughs; lighting with motion sensors in the 10plex for efficiency and security, and more! Local property management services are available and rental increases are in place for 2024. Additional storage space is available in the basement of the 10plex which could generate revenue. NOTE: Revenue and expenses will be provided and Seller will approve showings only for serious inquiries in order to minimize disruption for tenants. Capitalize on this investment opportunity and maximize your profit! (id:28006)
Property Details
| MLS® Number | 40553057 |
| Property Type | Multi-family |
| Amenities Near By | Golf Nearby, Place Of Worship |
| Community Features | School Bus |
| Features | Paved Driveway, Laundry- Coin Operated |
| Parking Space Total | 12 |
| Structure | Shed |
Building
| Bathroom Total | 12 |
| Bedrooms Total | 19 |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | None |
| Exterior Finish | Brick, Vinyl Siding |
| Fireplace Present | No |
| Foundation Type | Block |
| Heating Fuel | Electric, Natural Gas |
| Heating Type | Baseboard Heaters, Forced Air |
| Stories Total | 2 |
| Size Interior | 4720 |
| Utility Water | Municipal Water |
Land
| Acreage | Yes |
| Land Amenities | Golf Nearby, Place Of Worship |
| Sewer | Septic System |
| Size Depth | 119 Ft |
| Size Frontage | 132 Ft |
| Size Irregular | 0.362 |
| Size Total | 0.362 Ac|2 - 4.99 Acres |
| Size Total Text | 0.362 Ac|2 - 4.99 Acres |
| Zoning Description | R3 |
https://www.realtor.ca/real-estate/26621233/151-main-street-dashwood
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London and St. Thomas Association of REALTORS®
Maverick Real Estate Inc., Brokerage
March 19 2024 02:40:11
