12369 COUNTY ROAD 16 Coldwater, Ontario L0L2C0, Coldwater home/condo for sale | 40609857

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Multi Residential investment opportunity with 10 unit 2-storey apartment (8 are registered with the municipality), producing a net income of $73,785.94 (8 units). All units are one bedroom and all current rents are inclusive of utilities, but future possibility to reduce expenses and increase NOI as separate hydro meters have been installed, but not yet connected. Property contains 3 septic beds and 1 drilled well. Building being sold as is where is with no seller representations and warranties. Seller estimated approximately $70,000 in additional capital investment for final occupancy and completion. Good potential for increased cap rate, NOI and returns for a handy person willing to take on the project. (id:26452)

Other located at 12369 COUNTY ROAD 16 Coldwater, Ontario L0L2C0. It has 8.00 beds, 8.00 bathrooms, and is 6556 square feet. The property was built in 1974. 12369 COUNTY ROAD 16 Coldwater, Ontario L0L2C0 is in the Coldwater neighborhood.

Listed by: Sutton Group Incentive Realty Inc. Brokerage

Property Description

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