Message Number | 427129 |
status | Active |
Subject Line | SOLD! Elmira - Solid Construction Concrete Apartment Building! $131,400 Annual Gross Income available here! Unbeatable Price per Unit! |
Business area | |
Location, City | 15 Killdeer Road, Elmira |
Have/Want | Have |
Business category | Apartment buildings/multi unit/condo townhouse projects/investments |
Date of Listing | July 8 2024 |
Comments | Classic walk up, twelve plex apartment building beckons for your immediate attention! Concrete (cast / block masonry) building. Can not build for list price. Very few come available on MLS in Elmira - maybe one every five or six years. Take the risk out of this purchase: building comes to you very well documented with a Pinchin Phase I Environmental (2024, clean), Pinchin Building Condition Assessment (2024). Life Safety Systems Update / Certificate (2024). Opportunity to increase rents significantly over time. Property may qualify for CMHC MLI Select program under the Affordability Criteria ? with the best rates and amortizations currently available. Individual electrical meters, tenants pay electricity. Cap ex: modernized hallways with carpet tile, commercial water heaters (2023), sloped asphalt roof (2017). Building's back windows (2020), Building's front windows (2015/2016 approximately). Balcony doors (2019/2020) Great low density rental area. Good tenant profile. Easy building to add to your existing portfolio. Opportunity abounds! Call your favourite REALTOR today and let's book a showing. |
Internet Links | Feature Sheet |
Control | MLS |
Name | Mike Milovick |
Title | Broker |
Company Name | Royal LePage Wolle Realty |
Address Line One | 7A, 180 Northfield Drive West |
City | Waterloo |
State/Province | Ontario |
Zip/Postal Code | N2H 0C7 |
Country | Canada |
Business Phone Number | (519)747-2040 |
Cell Number | 519-747-2040 |
Home Number | 519-747-2040 |
FAX Number | 519-747-2081 |
Email Address | Send Email |
Home Page | Home Page |