209 Ontario Road Mitchell, Ontario N0O 1N0
$1,850,000
Attention Investors! This maintenance free investment opportunity consists of 12 apartments in lovely Mitchell, Ontario, located in close proximity to Stratford and London. This well maintained concrete two storey building consists of 12 X 2 bedroom apartments that feature walk out balconies, good size bedrooms, and comfortable living space. Majority of rents are well below market rent due to long term tenants. Coin operated laundry on each floor provides additional income. Many capital improvements have been made including all windows replaced, new roof, entry doors, and cosmetic upgrades to multiple apartments. This turn key investment with no vacancy and great cash flow will make for a great addition to any portfolio! (id:19173)
Property Details
| MLS® Number | 40094116 |
| Property Type | Multi-family |
| Amenities Near By | Park, Schools, Shopping |
| Communication Type | High Speed Internet |
| Community Features | Community Centre |
| Equipment Type | Water Heater |
| Features | Cul-de-sac, Park Setting, Park/reserve, Paved Driveway, Laundry- Coin Operated |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 12 |
| Bedrooms Total | 24 |
| Basement Type | None |
| Constructed Date | 1960 |
| Construction Material | Concrete Block, Concrete Walls |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Brick, Concrete, Steel |
| Fire Protection | Smoke Detectors |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 14000 |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Park, Schools, Shopping |
| Landscape Features | Landscaped |
| Sewer | Municipal Sewage System |
| Size Frontage | 448 Ft |
| Size Total Text | 1/2 - 1.99 Acres |
| Zoning Description | Resi |
Utilities
| Cable | Available |
| DSL* | Available |
| Electricity | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/23035609/209-ontario-road-mitchell
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
London and St. Thomas Association of REALTORS®
Maverick Real Estate Inc.
April 08 2021 03:49:16
