23 MOFFAT STREET Morewood, Ontario K0A2R0

$1,250,000

ID# 1138808
This converted school is a great investment opportunity. Money and time has been spent on this property to get the building and apartment in tip top shape. 2018 NOI indicates the last major expenditures which need to be spent. The property currently consists of 12 units (10 X 1 bedroom and 2 bachelors) and there is further expansion potential in the former gym area. This apartment has been retrofitted with updated septic, well water supply and treatment, an alarm system, a new heating system, and a recent roof. There are 2 laundry locations, one on each floor and each unit has been fitted with wider doors to accommodate universal accessibility. 10 of the apartments have electric fireplaces. (id:25961)
Bathroom Total 0
Half Bathrooms Total 0
Year Built 1936
Heating Type Forced air, Other
Heating Fuel Natural gas, Electric
Stories Total 2
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Courtesy of ROYAL LEPAGE TEAM REALTY
John Carkner
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