20-24 MAIN STREET N

Halton Hills (Georgetown), Ontario, L7G3G8, Canada

$1,550,000

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.

EXTRAS Two furnaces, 1 unit is heated with electric baseboards.

Last updated on : Thursday 7th of November 2024 03:22:12 PM

ADDRESS

Street : 20-24 MAIN STREET N

City : Halton Hills (Georgetown)

Province : Ontario

Country : Canada

Postal Code : L7G3G8

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PROPERTY SUMMARY

Property ID : W10410272

Building Type : Fourplex

Property Type : Single Family

Bedrooms : 7

Bathrooms : 4

Parking : 10

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