15
232 ELM Street
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$3,650,000 Sale
Listed 84 days ago
· 23
· 23.0
· 22
· 15000
Key Facts
Key facts for 232 ELM Street
Property Type
Apartment
Parking
0 garage, 22 parking
MLS #
40479196
Size
15000 sqft
Basement
None
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
FOR SALE: 23-unit, 3 story walk-up apartment building with potential to build up to 8 additional units on site! A report from a local planning firm suggests that increased density on this site would likely be supported given the sites characteristics, arterial road access and proximity to a major re...gional health care centre. With below market rents and a unique opportunity to turn over and renovate, this investment opportunity is full of potential. Nestled on 0.659 acres across from the St. Thomas Elgin General Hospital on an arterial road, this property offers tenants excellent transportation and a quiet neighbourhood. With Amazon opening shortly and the VW battery plant currently under construction, the local housing demand is only going to increase over the next decade. Don’t miss this opportunity to get in before demand pushes the market even higher. (id:10452)
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Listing courtesy of: PRIME REAL ESTATE BROKERAGE
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