LOADING

55 Willow Street Paris, Ontario N3L 2K8

680 sqft
2 Level Forced Air

$1,600,000

Charming 10-Unit Apartment Building built in 1870 offering spacious 1 bedroom apartments with storage lockers and parking for 10+ vehicles. Nestled in one of Paris’ most vibrant neighborhoods, this exceptional building offers a terrific investment opportunity for savvy investors looking to expand your portfolio in a growing city. Original architectural details including high ceilings and stately trimwork is blended with modern updates to demonstrate the elevated market rent the units will garner with some sweat equity. Two suites feature private exterior access and can be considered premium ground floor apartments with proper upgrade. Shared coin operated laundry available on site for additional income. Lots of potential for income growth with further improvements to original condition units. Separate hydro meters. The close proximity to Paris' budding downtown core with restaurants and shopping offers a desirable area to consistently attract quality tenants. Looking for long term potential? A new high density residential development is occurring on neighbouring property to the south with additional low density subdivisions being constructed around Paris. Recent survey and planning report can be provided. Do not go direct to building. (id:52486)

Business

BusinessType Residential

Property Details

MLS® Number XH4204892
Property Type Multi-family
EquipmentType None
Features Paved Driveway, No Driveway, Shared Driveway, Laundry- Coin Operated
ParkingSpaceTotal 12
RentalEquipmentType None

Building

ArchitecturalStyle 2 Level
BasementDevelopment Unfinished
BasementType Full (unfinished)
ConstructedDate 1870
ConstructionStyleAttachment Detached
ExteriorFinish Brick
FireProtection Smoke Detectors
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 680 Sqft
UtilityWater Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
SizeDepth 125 Ft
SizeFrontage 132 Ft
SizeTotalText Under 1/2 Acre

https://www.realtor.ca/real-estate/27426784/55-willow-street-paris

Interested?

Contact us for more information


Generating Captcha

Alexandra Borondy
Salesperson


RE/MAX Escarpment Realty Inc.
860 Queenston Road Unit 4b
Stoney Creek, Ontario L8G 4A8

Your Favourites

 

No Favourites Found

 

Go to Top