20-24 Main St N , Halton Hills, ON L7G 3G8
Halton Hills, ON L7G 3G8
Description
Attention All Investors & Developers!! You have two options with this property: (1) keep this as a cash flowing 4-plex investment property; or (2) apply to build 6 or 7 townhouses on this site. Amazing Opportunity To Own A Large Fully Tenanted 4-Plex On A Huge 142Ft X 132Ft Lot Steps To Historic Downtown Georgetown! This Is A Very Lucrative Opportunity With Excellent Income And Huge Development Potential!!Legal Non-Conforming Status. Separately Metered Hydro W/ Separate Entrance To Each Unit. Projected revenue of $100,800 per year. For Sale at a 5.19% Cap Rate. Property can be VACANT ON CLOSING. Contact the Listing Agent for the property's financial statements and more information regarding possible re-zoning & development of this property.
Details
| Mls | W10410274 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Subtype | Resale |
| Status | Active |
| Days On Site | 31 |
| Listing Provided By | ROYAL LEPAGE MEADOWTOWNE REALTY | Not Provided |
Features
| Basement | Y |
|---|---|
| Zoning | LDR1-2(MN) |
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Learn More About This Property
| State | ON |
|---|---|
| County | Halton Hills |
| City | Halton Hills |
| Zip Code | L7G 3G8 |
| Area | Halton |
| Community Name | Georgetown |
| Listing VS Median (in Georgetown) | |
Price: $1,550,000 low | high Med: $0 On Site: 31 low | high Med: | |