54 Hudson ST, Blind River, Ontario, P0R 1B0

$1,800,000

MLS® # SM242962

Investment For Sale In Blind River, Ontario

$1,800,000

Property Information:

Great investment opportunity in the town of Blind River! a 17-unit multi residential apartment building with separate electrical metering to each apartment. The building is well maintained with full occupancy in a market that is under supplied with rental accommodation. Significant upgrades have minimized recent ROI in order to maintain and improve the value of the property for reduced operating costs in the near and medium timeframe, upgrades include seamless eavestrough 2023, roof re-shingled 2020, retaining wall and back sidewalk refurbished 2020, 3rd floor insulation & cladding/siding done 2018, foundation waterproofing and weeping tile 2022, two picture windows 2007 & 2008 plus rest of the windows 2009, flooring work 2022 & 2023, front and back doors replaced 2009, sump pumps (2) 2022. Listed expenses/income are for 2023 year end and include higher than normal year improvement/maintenance costs. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Amenities: Laundry Facility
  • Basement Type: Full
  • Easement: Easement
  • Exterior Finish: Brick, Siding
  • Foundation Type: Block
  • Heating Type: Baseboard heaters
  • Appliances: Window Air Conditioner

Property Features:

  • Property Type: Multi-family
  • Access Type: Road access
  • Built in: 1977
  • Communication Type: High Speed Internet
  • Lot Frontage: 125.9
  • Storage Type: Storage Shed
  • Utility Type: Hydro - Available, Cable - Available, Telephone - Available, Natural Gas - Available
  • Sewer: Municipal sewage system

Courtesy of: Royal LePage Mid North Realty

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