12 Harriet Street Severn, Ontario L0K 1E0

$1,399,000

Welcome to 12 Harriet St, Coldwater with 4 of the 5 units are nicely renovated (check the photos), this solid and well updated former school in Coldwater, Ontario is just over 4000 sq feet. The building has a newer roof, mostly newer windows, all separate hydro meters ( one for each of the units and a 6th for the common areas of the building. Nicely landscaped and has a large parking lot. Updated front and back entrances to the building. There is also a newer coin laundry pair in the building that generate over $2500/annually. Newer furnace (gas) and two new 60 gallon hot water tanks. The stunning upstairs renovated apartment shows what the building has to offer ( pressed tin 13 foot ceilings). Brand new salient fact report available, calculations proving a 5.5% CAP rate. Large upside when last remaining unit can be renovated to take the rent from $680/month to $2500/month. This building has be thoughtfully renovated and meticulously maintained. Solid tenant base, and no building problems!! (id:55460)

Business

Business Type	Residential
Business Sub Type	Apartments

Property Details

MLS® Number	S12252008
Property Type	Multi-family
Community Name	Coldwater

Building

Cooling Type	Partially Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Hot Water Radiator Heat
Size Exterior	4200 Sqft
Size Interior	4,200 Ft2
Type	Multi-family
Utility Water	Municipal Water

Land

Acreage	No
Size Depth	132 Ft
Size Frontage	132 Ft
Size Irregular	Bldg=132 X 132 Ft
Size Total Text	Bldg=132 X 132 Ft
Zoning Description	Multi Residential

https://www.realtor.ca/real-estate/28535535/12-harriet-street-severn-coldwater-coldwater