Investors take note! With approximately 10,800 sq. ft. of combined finished and development ready floorspace on all levels combined, the income potential here is palpable! Currently set up as a functional and legal 5-plex with strong income potential in its current, turn-key state, this property also features a number of unique development opportunities to expand your investment further well beyond current average CAP rates even after including further development costs! Each unit is large and spacious for their respective bedroom counts. There are two 1 bed units, two 2-beds, and a surprisingly large 4 bedroom unit! With extra, unused gas meter hubs, plenty of additional hydro meter slots, unfinished basement for development access or additional units, and plenty of parking space, a savvy investor will find plenty of opportunity waiting to be unlocked. (id:52316)
PC275 REALTY INC.
$1,900,000
77 MONTREAL STREET, Goderich, Ontario
10 Bedrooms
7 Bathrooms
Property
MLS® Number: X11889856
Address: 77 MONTREAL STREET
City: Goderich
Exterior: Brick
Utilities
Central Air: Yes
Heating: Forced Air, Natural Gas
Parking
Parking Spaces: 11
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Property Sale History
Travel and Neighbourhood
83/100Walk Score®
Very Walkable
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Location
