| Message Number | 425677 | ||||||
|---|---|---|---|---|---|---|---|
| status | Active | ||||||
| Subject Line | Elmira - Solid Construction Concrete Apartment Building! $131,400 Annual Gross Income available here! Unbeatable Price per Unit! Opportunity to Increase Rents! | ||||||
| Business area |
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| Location, City | 15 Killdeer Road, Elmira | ||||||
| Have/Want | Have | ||||||
| Business category | Apartment buildings/multi unit/condo townhouse projects/investments | ||||||
| Date of Listing | May 13 2024 | ||||||
| Comments | Classic walk up, twelve plex apartment building beckons for your immediate attention! Concrete (cast / block masonry) building. Can not build for list price. Very few come available on MLS in Elmira - maybe one every five or six years. Take the risk out of this purchase: building comes to you very well documented with a Pinchin Phase I Environmental (2024, clean), Pinchin Building Condition Assessment (2024). Life Safety Systems Update / Certificate (2024). Opportunity to increase rents significantly over time. Property may qualify for CMHC MLI Select program under the Affordability Criteria ? with the best rates and amortizations currently available. Individual electrical meters, tenants pay electricity. Cap ex: modernized hallways with carpet tile, commercial water heaters (2023), sloped asphalt roof (2017). Building's back windows (2020), Building's front windows (2015/2016 approximately). Balcony doors (2019/2020) Great low density rental area. Good tenant profile. Easy building to add to your existing portfolio. Opportunity abounds! Call your favourite REALTOR today and let's book a showing. | ||||||
| Internet Links | |||||||
| Member Identifier | 201 | ||||||
| Control | MLS | ||||||
| Name | Mike Milovick | ||||||
| Title | Broker | ||||||
| Company Name | Royal LePage Wolle Realty | ||||||
| Address Line One | 7A, 180 Northfield Drive West | ||||||
| City | Waterloo | ||||||
| State/Province | Ontario | ||||||
| Zip/Postal Code | N2H 0C7 | ||||||
| Country | Canada | ||||||
| Business Phone Number | (519)747-2040 | ||||||
| Cell Number | 519-747-2040 | ||||||
| Home Number | 519-747-2040 | ||||||
| FAX Number | 519-747-2081 | ||||||
| Email Address | Send Email | ||||||
| Home Page | Home Page |
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