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65 6th Avenue Englehart, Ontario P0J 1H0

24 Bedroom 15 Bathroom 14832.6500
Window Air Conditioner

$2,625,000

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:9582)

Property Details

MLS® Number 40328295
Property Type Multi-family
Amenities Near By Hospital, Park, Playground, Schools, Shopping
Community Features Community Centre
Features Park/reserve, Laundry- Coin Operated
Parking Space Total 15

Building

Bathroom Total 15
Bedrooms Total 24
Age New Building
Basement Development Finished
Basement Type Full (finished)
Cooling Type Window Air Conditioner
Exterior Finish Brick
Fire Protection Smoke Detectors, Security System
Heating Fuel Electric
Stories Total 2
Size Interior 14832.6500
Utility Water Municipal Water

Land

Acreage No
Land Amenities Hospital, Park, Playground, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 113 Ft
Size Frontage 132 Ft
Size Total Text Under 1/2 Acre
Zoning Description R3 - Apartment Residential

Utilities

Electricity Available
Natural Gas Available

https://www.realtor.ca/real-estate/24908699/65-6th-avenue-englehart

Interested?

Contact us for more information


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Baron Alloway
Broker of Record

(416) 443-0210
(416) 443-9005
https://catalystre.ca

Catalyst Real Estate Brokerage Ltd.
909 Yonge Street, Unit: 27
Toronto, Ontario M4W 2H2

(416) 443-9000
(416) 443-9005
https://catalystre.ca

Graham Fredrick Alloway
Broker

(416) 443-9000
(416) 443-9005
www.realawstate.com

Catalyst Real Estate Brokerage Ltd.
909 Yonge Street, Unit: 27
Toronto, Ontario M4W 2H2

(416) 443-9000
(416) 443-9005
https://catalystre.ca