LOADING

540 St Lawrence Street Winchester, Ontario K0C 2K0

Heat Pump, Radiant Heat

$1,400,000

Attention all Investors. Here is your chance to own a 6 plex with a 6.9% cap rate. Situated in the heart of Winchester short walk to the hospital. Building consists of 1 x 3 Bedroom unit, 2 x 2 Bedroom units, 3 x 1 bedroom units. Tenants responsible for all expenses accept heat. 6 Hydro Meters. This building is very easy to rent units in and at very strong rental amounts. Building is heated via a boiler system. Building is in very good condition. Great tenants. Lots of upgrades have been done over the years. New windows 2016, Concrete walkway 2017, Communal Hot water tank 2019, Boiler serviced annually, Main Water Pump for heat 2023, Metal Roof over extension 2016, Entrance doors 2016, Eavestrough on extension 2023, Basement Fire retardant sprayed 2016, Fire Monitor panel 2016, Metal Fire Escape 2016. Don't miss this one. (id:37684)

Property Details

MLS® Number 1345733
Property Type Multi-family
Neigbourhood Winchester
Parking Space Total 10

Building

Constructed Date 1890
Exterior Finish Brick, Siding
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Heat Pump, Radiant Heat
Stories Total 3
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 209 Ft ,5 In
Size Frontage 99 Ft ,8 In
Size Irregular 99.66 Ft X 209.44 Ft (irregular Lot)
Size Total Text 99.66 Ft X 209.44 Ft (irregular Lot)
Zoning Description Residential

https://www.realtor.ca/real-estate/25675975/540-st-lawrence-street-winchester-winchester

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