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$XXX,XXX
Status: OFF MARKET
Unique opportunity to acquire a 20-unit apartment complex located in Blenheim, Ontario. The property consists of two separate buildings, one with 15 units and the other with 5 units, totaling 20 units in all. Among these, there are 7 one-bedroom units and 13 two-bedroom units, with 9 of them having undergone recent renovations. Situated on a 0.6-acre lot, the property offers ample parking space with more than 30 spots available. Additionally, 2 coin-operated laundry facility are in place to generate additional income. The buildings feature newer roofs and windows, contributing to their overall appeal and efficiency. There are currently 5 vacancies and once fully rented the potential estimated gross income is expected to be approximately $268,000.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X7227704 |
| Listing Type | :Sale |
| Property Age | :51-99 Years |
| Possession Date | : |
| Last Updated | :19 Oct, 2023 (394 Days ago) |
| Source | :TRREB |
| Area | :Chatham-Kent |
|---|---|
| Community | : Blenheim |
| Postal Code | : N0P 1A0 |
| Price | : $2,800,000 |
|---|---|
| Property Taxes | :$27286.31 |
| Tax Year | :2023 |
|---|
| Cross Street | :Drummond St/John St E. |
|---|
| Fireplace/Stove | :Yes |
|---|
18 Oct, 2023
TREB #X7227704
Available
$2800000.0
