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Property Details

42A HURON STREET, Deep River, Ontario, K0J1P0

42A HURON STREET, Deep River, Ontario, K0J1P0 (ID X10418676)
Representatives
JASON TURCOTTE
Salesperson
ROYAL LEPAGE EDMONDS & ASSOCIATES
Website
ERICA TURCOTTE
Salesperson
ROYAL LEPAGE EDMONDS & ASSOCIATES
Website
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$1,999,999 - For sale

ID#:X10418676

INCREDIBLE OPPORTUNITY!! Take advantage of the huge demand and shortage of rentals with this RARE all brick, 23 Unit nestled in the booming beautiful town of Deep River close to the shores of the Mighty Ottawa River. This safe, quiet, friendly and vibrant community is known for a great place to retire and is on the doorsteps of major employers like the expanding CNL Labs and Garrison Petawawa with many amenities. Offering all 2 Bedroom Units priced at only $87,000 per unit! This building has the POTENTIAL to gross over $300k at market rents and offer an 8% cap rate. Incredible opportunity with massive upside potential and possibly space for another smaller building on the lot. Tons of parking, coin operated laundry, and single storage room on each level. Extremely well-maintained building and excellent tenants (many retired). Mandatory 48 hr. irrev. on all offers. New Roof (2017). VERY CLEAN, WELL MAINTAINED BUILDING! Price is FIRM, Replacement cost over $7,500,000! (id:2471)

Location DescriptionTake Trans Canada HWY to Deep River, Turn Right onto Deep River Rd, Turn Left onto Huron St.

Property Details
  • Property Address:42A HURON STREET, Deep River, Ontario, K0J1P0
  • Property Type:Multi-family
  • Community Name:510 - Deep River
  • Lot Size:Unit=181.92 FT ; 1|1/2 - 1.99 acres
  • Sewage Type:Sanitary sewer
  • Water Type:Municipal water
  • Parking Space Total:36
Structure Details for 42A HURON STREET, Deep River, Ontario, K0J1P0
  • Structure Style:Multi-Family
  • Heating Type:Electric, Baseboard heaters
  • Basement Type:Full (Finished)
  • Foundation Type:Block
  • Exterior Type:Brick
Representatives
JASON TURCOTTE
Salesperson
ROYAL LEPAGE EDMONDS & ASSOCIATES
Website
ERICA TURCOTTE
Salesperson
ROYAL LEPAGE EDMONDS & ASSOCIATES
Website
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42A HURON STREET, Deep River, Ontario, K0J1P0

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