415 Main Street

Multi-family for sale in Georgian Bluffs, Georgian Bluffs — $1,680,000

415 Main Street — photo 1415 Main Street — photo 2415 Main Street — photo 3

Key facts

Description

Great opportunity for Investment. Purchase a 10 Unit - 2 storey Apartment Building on approx 2.114 Acre of Land. 8 - 2 Bedroom and 2 - 1 Bedroom Units. Common area water & sewer $11,004/yr and Hydro $11,212/yr. Separate gas units in each apartment. Small, quiet community, attracts residents from neighboring towns. Central location between Owen Sound, Sauble Beach. Short drive located conveniently located on Hwy between Owen Sound and Sauble Beach. Septic system replaced 2 years ago. Price is based on 6.7% cap rate on CMHC income and expense standards.

See the original listing at Ed Lowe Limited

Homes for sale in Georgian Bluffs · Multi-family for sale in Georgian Bluffs