randy@randybeck.ca
613.541.9221

MLS®: 40641111

Status: For sale

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RE/MAX Finest Realty, Brokerage - Kingston

Randy Beck
Sales Representative

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Telephone:
613.389.7777

Cellular:
613.541.9221

$1,275,000

Location:

2039 COUNTY RD 44 Road, Spencerville Ontario, K0E1X0

Description:

Exceptional opportunity for an investor looking to grow their portfolio with a cash positive investment. This Turn-Key property is located minutes from the 401, U.S. Bridge and Hwy. 416. Originally a motel, this commercially-built property was converted t a 7-Unit Residential Apartment Complex in the late 90's Preliminary approval in place for storage rental spaces. Upgraded septic and two wells service the property. Mechanical upgrades in the past 7 years include boiler systems, metal shingles and high efficiency propane furnaces in the last 7 years. Owner occupied unit will be vacant upon closing. Main building consists of 1-3 bedroom, 4-2 bedroom, 2-1 bedroom, detached garage and separate laundry. 3 of the 2 bedroom units have 2 baths, all other units have one bath. Plenty of parking and outdoor space for each tenant. (id:2471)

Property:
Type: Multi-family
Acreage: 1/2 - 1.99 acres
Sewer: Septic System	Water: Well
Access: Highway access
Parking Type: Detached Garage

Structure:
Age: 1962
Square Footage: 6991 sqft
Bedrooms: 13	Bathrooms: 10
Heating: Forced air, Radiant heat
Heating Type: Propane
Cooling Type: Central air conditioning
Exterior: Vinyl siding

Features:

Quiet Area

Listing Office: Re/Max Hallmark First Group Realty Ltd. Brokerage

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**Broker *Sales Representative

Finest Realty Inc, Brokerage, 1329 Gardiners Road, Kingston ON, K7P 0L8
Independently Owned And Operated

OFFICE: 613.389.7777 | FAX: 613.389.3156

2039 COUNTY RD 44 Road, Spencerville Ontario, K0E1X0

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