415 Main Street Georgian Bluffs, Ontario N0H 2K0

2 Acres
None Forced Air, Hot Water Radiator Heat Acreage

$1,680,000

Great opportunity for Investment. Purchase a 10 Unit - 2 storey Apartment Building on approx 2.114 Acre of Land. 8 - 2 Bedroom and 2 - 1 Bedroom Units. Common area water & sewer $11,004/yr and Hydro $11,212/yr. Separate gas units in each apartment. Small, quiet community, attracts residents from neighboring towns. Central location between Owen Sound, Sauble Beach. Short drive located conveniently located on Hwy between Owen Sound and Sauble Beach. Septic system replaced 2 years ago. Price is based on 6.7% cap rate on CMHC income and expense standards. (id:63616)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X13733408
Property Type Multi-family
Community Name Georgian Bluffs
Amenities Near By Recreation
Features Irregular Lot Size

Building

Cooling Type None
Heating Fuel Natural Gas
Heating Type Forced Air, Hot Water Radiator Heat
Size Interior 2 Acres
Type Multi-family
Utility Water Municipal Water

Land

Acreage Yes
Land Amenities Recreation
Sewer Septic System
Size Depth 298 Ft ,8 In
Size Frontage 331 Ft ,5 In
Size Irregular 2.114
Size Total 2.114 Ac
Size Total Text 2.114 Ac
Zoning Description Pd - Planned Development

https://www.realtor.ca/real-estate/30221483/415-main-street-georgian-bluffs-georgian-bluffs

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