12 HARRIET Street new

Coldwater,ON L0K1E0

$ 1399000

7 Beds

5 Baths

4200 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 4,200 sqft

Price per Sqft $333

Subdivision Se57 - Coldwater

MLS Listing ID 40744890

Bedrooms 7

Year Built 1924

Lot Size 0.399 Acres

Acres 0.399

Property Sub-Type Freehold

Source Barrie & District Association of REALTORS® Inc.

Property Description

Welcome to 12 Harriet Street, Coldwater, with 4 of the 5 units are nicely renovated (check the photos), this solid and well updated former school in Coldwater, Ontario is just over 4000 sq feet. The building has a newer roof, mostly newer windows, all separate hydro meters ( one for each of the units and a 6th for the common areas of the building. Nicely landscaped and has a large parking lot. Updated front and back entrances to the building. There is also a newer coin laundry pair in the building that generate over $2500/annually. Newer furnace (gas) and two new 60 gallon hot water tanks. The stunning upstairs renovated apartment shows what the building has to offer ( pressed tin 13 foot ceilings). Brand new salient fact report available, calculations proving a 5.5% CAP rate. Large upside when last remaining unit can be renovated to take the rent from $680/month to $2500/month. This building has be thoughtfully renovated and meticulously maintained. Solid tenant base, and no building problems!! (id:24570)

Location

State ON

Rooms

Kitchen 0.0

Interior

Heating Heat Pump,

Cooling Central air conditioning,Wall unit

Exterior

Parking Features No

Community Features Quiet Area,Community Centre

View Y/N No

Total Parking Spaces 10

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

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