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52 Queen Street Langton, Ontario N0E 1G0

21 Bedroom 14 Bathroom 12000
Window Air Conditioner Baseboard Heaters

$2,100,000

ATTENTION INVESTORS: Fourteen (14) plex income property, intelligently designed for quality tenants; retirees, families & seniors. This building consists of Seven (7) 2 bdrm., 1 bath units & Seven (7) 1bdrm, 1 bath units. Prime location & modern construction will enhance tenant retention and your ability to maximize rents. Turn-key operation with the unique benefits of getting top dollar market rents, with quality tenants paying separate utilities. Many long term tenants. Low maintenance concerns for years to come. Desirable Hamlet has Grocery/Convenience stores, restaurant & LCBO within a few blocks. Ample parking for at least 20 cars and property fronts on three streets. Easily Rented Building has maintained good reputation with tenants and landlord. Fire Inspections completed yearly & water inspection is up to date. Security entrances. Upgrades Include - New Membrane Roof 2015. Fire Extinguishers in excess of minimum standard. Smoke Detectors replaced - 14 Heat Sensors added (1 per unit) so that each unit now has a smoke detector and a heat sensor - Water Maintained by landlord, regularly treated and inspected. Tenants pay Hydro & Heat. Landlord supplies hot water. Coin Laundry each level. See how this turn-key multi unit apartment building can anchor your portfolio with quality tenants & good cash flow. (id:58332)

Property Details

MLS® Number 40282051
Property Type Multi-family
Neigbourhood Langton
AmenitiesNearBy Schools, Shopping
CommunicationType High Speed Internet
Features Paved Driveway, Laundry- Coin Operated
ParkingSpaceTotal 15

Building

BathroomTotal 14
BedroomsTotal 21
BasementDevelopment Unfinished
BasementType Partial (unfinished)
ConstructionStyleAttachment Detached
CoolingType Window Air Conditioner
ExteriorFinish Aluminum Siding, Brick, Metal, Vinyl Siding
FireProtection Smoke Detectors
FoundationType Block
HeatingFuel Electric
HeatingType Baseboard Heaters
StoriesTotal 2
SizeInterior 12000
UtilityWater Well

Parking

Visitor Parking

Land

AccessType Road Access
Acreage No
LandAmenities Schools, Shopping
Sewer Septic System
SizeDepth 115 Ft
SizeFrontage 134 Ft
SizeIrregular 0.738
SizeTotal 0.738 Ac|1/2 - 1.99 Acres
SizeTotalText 0.738 Ac|1/2 - 1.99 Acres
ZoningDescription Rh

Utilities

Cable Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/24571879/52-queen-street-langton

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Gary Paret
Broker of Record


Coldwell Banker G.r. Paret Realty Limited Brokerage
124 Broadway
Tillsonburg, Ontario N4G 3P8

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