20-24 Main ST N Active

Halton Hills,ON L7G 3G8

$ 1650000

7 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

MLS Listing ID W9416799

Style 2-Storey

Bedrooms 7

Annual Tax Amount $5,552

Tax Year 2024

Property 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.

Location

Province ON

County Halton

Area Georgetown

Rooms

Family Room No

Basement Separate Entrance,Unfinished

Kitchen 4

Interior

Interior Features Accessory Apartment

Cooling None

Fireplace No

Heat Source Gas

Exterior

Garage Private

Garage Spaces 8.0

Pool None

Waterfront No

Roof Type Asphalt Shingle

Parking Type Detached

Total Parking Spaces 10

Building

Foundation Stone

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