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$ 2,255,000
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Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID X12241764
Annual Tax Amount $18,141
Tax Year 2024
Property Sub-Type Investment
Property Description
2 storey frame former motel converted years ago to rental apartment structure. Brick exterior, double windows and flat roof. Walk up building with very little common areas. Many suites renovated and over $180,000 recently spent in updating the asset. 36 bachelors / 5 one beds / 1 three bed. 3 vacant suites under renovation. Well located steps to downtown - retail and waterfront. Management in place and can be assumed.
Location
Province ON
County Algoma
Area Algoma
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 200.0
Lot Depth 104.9
Listed by COMMERCIAL FOCUS REALTY INC.
4145 North Service Road Unit 2, L7L6A3, Burlington, Ontario, Canada