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Key Details
Sold Price $2,100,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,260 sqft
Price per Sqft $226
MLS Listing ID 40541531
Bedrooms 16
Annual Tax Amount $13,903
Property Description
Uncover an exceptional investment opportunity in Huntsville, where 3 apartment buildings beckon with the promise of a steady income stream. This multifaceted property showcases a trio of apartment buildings, all fully occupied, comprising a mix of 2-bedroom & 1-bedroom units. These units ensure a consistent & reliable flow of rental income, making this a great venture for seasoned investors or those looking to enter the real estate market. The growth potential offered by these apartments are a compelling reason to explore this opportunity further. In addition to the apartments, this property includes a century home that offers a glimpse into the past while presenting exciting possibilities for renovation & restoration. The home boasts a grand main staircase, soaring ceilings, & charming historic features that can be brought to life with a creative touch. The main house also features an in-law suite for guest accommodations & a spacious deck overlooking an inviting in-ground pool, ideal for outdoor gatherings. Situated within walking distance to an array of amenities & the vibrant downtown of Huntsville, this estate invites you to be a part of its story while offering multiple avenues for income & investment. Whether you're drawn to the consistent returns from the apartments or the opportunity to restore & enhance the century home, this property embodies potential, making it a wise choice for those seeking a unique & rewarding investment opportunity.
Location
Province ON
County Muskoka
Area Huntsville
Zoning UR3
Rooms
Kitchen 0
Interior
Heating Natural Gas, Radiator
Cooling None
Laundry Coin Operated, Common Area, Shared
Exterior
Exterior Feature Balcony, Controlled Entry, Year Round Living
Garage Unassigned
Waterfront No
Roof Type Asphalt Shing
Building
Lot Description Ample Parking, City Lot, Hospital, Park, Place of Worship, Playground Nearby, Schools, Shopping Nearby
Story 2
Foundation Concrete Block
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Schools
Elementary Schools Spruce Glen Public School
High Schools Huntsville High School
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