Property Details

42A HURON STREET, Deep River, Ontario, K0J1P0

42A HURON STREET, Deep River, Ontario, K0J1P0 (ID 1305966)
Representative
Hazel Ladouceur portrait
Hazel Ladouceur
Broker
RE/MAX Pembroke Realty Ltd., Brokerage - Petawawa
Cell: 613-639-7011
Tel: 613-687-2020

$2,399,999 - For sale

ID#:1305966

POTENTIAL, POTENTIAL, POTENTIAL!! VTB Possible! Take advantage of the huge demand and shortage of rentals with this RARE all brick, 23 Unit nestled in the beautiful town of Deep River close to the shores of the Mighty Ottawa River. This safe, quiet, friendly and vibrant community is known for a great place to retire and is on the doorsteps of major employers like the expanding CNL Labs and Garrison Petawawa with many amenities. Offering all 2 Bedroom Units priced at only $104,400 per unit! This building has the potential to gross over $300k at market rents and offer an 8% cap rate. Incredible opportunity with massive upside potential and possibly space for another smaller building on the lot (Buyer to verify). Tons of parking, coin operated laundry, and single storage room on each level. Extremely well-maintained building and excellent tenants (many retired). Mandatory 48 hr. irrev. on all offers. Newer Roof (2017). Replacement cost would exceed $7,500,000! VTB possible! (id:2471)

Property Details
  • Property Address:42A HURON STREET, Deep River, Ontario, K0J1P0
  • Property Type:Multi-family
  • Title:Freehold
  • Lot Size:1.34
  • Acreage:1.34 ac
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Parking Space Total:36
Structure Details for 42A HURON STREET, Deep River, Ontario, K0J1P0
  • Heating Type:Electric, Baseboard heaters
  • Storeys:2
  • Foundation Type:Block
  • Exterior Type:Brick
Representative
Hazel Ladouceur portrait
Hazel Ladouceur
Broker
RE/MAX Pembroke Realty Ltd., Brokerage - Petawawa
Cell: 613-639-7011
Tel: 613-687-2020
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42A HURON STREET, Deep River, Ontario, K0J1P0

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