Welcome to 59 North Street, an investment opportunity in the heart of Goderich! This six-unit residential income property features five one-bedroom apartments and one two-bedroom apartment, with each unit separately metered to help simplify utility management and operating expenses. Ideally situated in a high-demand rental area, the property is within walking distance of downtown, shopping, offices, parks, and the beautiful shores of Lake Huron, making it an attractive location for tenants. Several units are currently vacant, providing the opportunity for a new owner to set market rents and implement their own property management strategy. Extensive renovations have been completed throughout the building, and the property is fully compliant with current fire code requirements, offering added peace of mind. Additional highlights include a spacious rear yard and a storage shed, providing valuable outdoor space and convenient storage. Whether you're looking to expand your investment portfolio or acquire an income-producing property, 59 North Street offers an excellent opportunity in one of Ontario's most desirable lakefront communities. (id:13843)
| MLS # | X13532350 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 48 |
| Listing Provided By | Pebble Creek Real Estate Inc. | KAREN TERPSTRA |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 3,000 |
| Basement | Y |
| Story(s) | 3 |
| Zoning | C5 |
| Lot Features | Level lot, Flat site, In-Law Suite |
|---|
| Parking Features | No Garage |
|---|---|
| Parking Total | 8 |
| Tax Annual Amount | 6099.38 |
|---|
| Province | ON |
|---|---|
| City | Goderich (Goderich (Town)) |
| Postal Code | N7A2T5 |
| Listing VS Median (in N7A2T5) | |
Price: $1,250,000 low | high Med: $939,500 sqft: 3,000 low | high Med: 2,948 $ / sqft: $417 low | high Med: $317 On site: 48 low | high Med: 232.5 | |
| Province | ON |
|---|---|
| City | Goderich (Goderich (Town)) |
| Postal Code | N7A2T5 |
| Listing VS Median (in N7A2T5) | |
Price: $1,250,000 low | high Med: $939,500 sqft: 3,000 low | high Med: 2,948 $ / sqft: $417 low | high Med: $317 On site: 48 low | high Med: 232.5 | |