11 Units in Deseronto
$625,000
Highlights
Units
11
Stories
Lot Size
Cap Rate
7.6%
Excellent Investment Property In The Beautiful Town Of Deseronto. Sitting On A Large Lot, This Lovely 1890's High School Was Converted Into Multi Residential In 1970. There Is Potential To Add A 3 Bedroom Unit In The Basement To Increase Rental Income By Approximately $1,100/Month. Extra Space In The Basement To Add Laundry For Additional Income. Multiple Units Have Had Recent Upgrades Of Flooring, Kitchens And Bathrooms. Roof Renovations And All Troughs Replaced With Brand New Stainless Steel 2018. Two New High Efficiency Gas Boilers 2017. Fire Certificate 2018. Most Tenants Pay Own Hydro. Intercom System Available.
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All information furnished regarding this property is from sources deemed reliable but no warranty or representation is made to the accuracy thereof and same is submitted subject to errors, omissions, change of price or other terms, prior to sale or withdrawal without notice. Prospective purchasers are advised to seek independent legal, accounting, or any other consulting advise as may be deemed necessary to submit an offer to purchased