65 6th Avenue Englehart, Ontario P0J 1H0
$2,625,000
Welcome to The Red School Apartments, a purpose-built multifamily offering in Englehart, ON. This former schoolhouse has been completely brought back to shell and converted into a gorgeous 15-unit multi residential building. Located just 2 hours north of North Bay, this property provides the higher CAP rates of northern investment while offering the stability and flexibility associated with multi-residential assets. The building features on-site coin laundry and modern services, including TV/Internet capability. Fully occupied, this building has high tenant demand when a unit becomes available. Conveniently located halfway between Kirkland Lake and Temiskaming Shores, this property can serve as housing for workers in mining, forestry, & production industries, where demand for labour remains high. If you’ve been looking for a stable turn-key, well-built investment, this one’s for you! (id:39925)
Property Details
| MLS® Number | 40328295 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Park, Playground, Schools, Shopping |
| Community Features | Community Centre |
| Features | Park/reserve, Laundry- Coin Operated |
| Parking Space Total | 15 |
Building
| Bathroom Total | 15 |
| Bedrooms Total | 24 |
| Age | New Building |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors, Security System |
| Heating Fuel | Electric |
| Stories Total | 2 |
| Size Interior | 14832.6500 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Hospital, Park, Playground, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 113 Ft |
| Size Frontage | 132 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R3 - Apartment Residential |
Utilities
| Electricity | Available |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/24908699/65-6th-avenue-englehart
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September 26 2022 02:32:15
Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®
Catalyst Real Estate Brokerage Ltd.