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$ 1,499,900
Est. payment | /mo
9 Beds
10 Baths
$ 1,499,900
Est. payment | /mo
9 Beds
10 Baths
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID X11881608
Style 2-Storey
Bedrooms 9
Annual Tax Amount $11,736
Tax Year 2024
Property Description
Charming 10-Unit Apartment Building built in 1870 offering spacious 1 bedroom apartments with storage lockers and parking for 10+ vehicles. Nestled in one of Paris most vibrant neighborhoods, this exceptional building offers a terrific investment opportunity for savvy investors looking to expand your portfolio in a growing city. Original architectural details including high ceilings and stately trimwork is blended with modern updates to demonstrate the elevated market rent the units will garner with some sweat equity. Two suites feature private exterior access and can be considered premium ground floor apartments with proper upgrade. Shared coin operated laundry available on site for additional income. Lots of potential for income growth with further improvements to original condition units. Separate hydro meters. The close proximity to Paris' budding downtown core with restaurants and shopping offers a desirable area to consistently attract quality tenants. Looking for long term potential? A new high density residential development is occurring on neighbouring property to the south with additional low density subdivisions being constructed around Paris. Recent survey and planning report can be provided. Do not go direct to building.
Location
Province ON
County Brant
Community Paris
Area Brant
Region Paris
City Region Paris
Rooms
Family Room No
Basement Unfinished, Full
Kitchen 10
Separate Den/Office 1
Interior
Interior Features Separate Hydro Meter
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Mutual
Garage Spaces 12.0
Pool None
Roof Type Asphalt Shingle,Metal
Total Parking Spaces 12
Building
Foundation Poured Concrete
Listed by RE/MAX ESCARPMENT REALTY INC.
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