52 Queen Street Langton, ON N0E 1G0
Listing Courtesy of:  CREA / Coldwell Banker G. R. Paret Realty, Brokerage / GARY PARET

  52 Queen Street Langton, ON N0E 1G0

Active (690 Days)
$2,100,000
21
BED
14
BATH

Description

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:41440)

MLS®:
40282051
Lot Size
0.74 acres
Type
Multifamily
County
Norfolk County

Listed By

GARY PARET, Coldwell Banker G. R. Paret Realty, Brokerage
Source
CREA
Last checked May 12 2024 at 1:57 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 14
Subdivision
  • Rural Middleton
Lot Information
  • Paved Driveway
  • Laundry- Coin Operated
Property Features
  • Foundation: Block
Heating and Cooling
  • Baseboard Heaters
  • Electric
  • Window Air Conditioner
Basement Information
  • Unfinished
  • Partial
Exterior Features
  • Brick
  • Aluminum Siding
  • Vinyl Siding
  • Metal
Utility Information
  • Sewer: Septic System
Parking
  • Visitor Parking
  • Total: 15
Stories
  • 2
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Feb 01, 2024
Price Changed
$2,100,000
-8%
-195,000
Nov 09, 2022
Price Changed
$2,295,000
-8%
-200,000
Disclaimer: REALTOR.CA The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 5/11/24 18:57