65 6TH Avenue Englehart

65 6TH Avenue, Englehart

$2,625,000

  • 24
  • 15
14,833 Square Feet
Welcome to The Red School Apartments, a purpose-built multifamily offering in Englehart, ON. This former schoolhouse has been completely brought back to shell and converted into a gorgeous 15-unit multi residential building. Located just 2 hours north of North Bay, this property provides the higher CAP rates of northern investment while offering the stability and flexibility associated with multi-residential assets. The building features on-site coin laundry and modern services, including TV/Internet capability. Fully occupied, this building has high tenant demand when a unit becomes available. Conveniently located halfway between Kirkland Lake and Temiskaming Shores, this property can serve as housing for workers in mining, forestry, & production industries, where demand for labour remains high. If you’ve been looking for a stable turn-key, well-built investment, this one’s for you! (id:46993)
  • Listing ID: 40328295
  • Property Type: Multi-family
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Details

  • Amenities Nearby: Hospital, Park, Playground, Schools, Shopping
  • Community Features: Community Centre
  • Features: Park/reserve, Laundry- Coin operated
  • Ownership: Freehold
  • Parking Spaces: 15
  • Transaction: For sale
  • Zoning Description: R3 - Apartment Residential

Building

  • BasementType: Full (Finished)
  • Basement Development: Finished
  • Cooling: Window air conditioner
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Fire Protection: Smoke Detectors, Security system
  • Bathrooms (Total): 15
  • Heating Fuel: Electric
  • Size Interior: 14832.6500
  • Stories Total: 2
  • Utility Water: Municipal water

Land

  • Amenities: Hospital, Park, Playground, Schools, Shopping
  • Sewer: Municipal sewage system
  • Size Depth: 113 ft
  • Size Frontage: 132 ft

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    This property located at 65 6TH Avenue was last modified on September 26th 2022.

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