20-24 Main ST N new

Halton Hills,ON L7G 3G8

$ 1550000

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 W10410272

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

Kitchen 4

Interior

Cooling None

Exterior

Garage Private

Garage Spaces 8.0

Pool None

Waterfront No

Roof Type Asphalt Shingle

Building

Foundation Stone

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