20-24 Main St N
Georgetown, Halton Hills, L7G 3G8
FOR SALE
$1,550,000
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7
BEDROOMS4
BATHROOMS4
KITCHENS20
ROOMSW10410272
MLSIDContact Us
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.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2021-01-11 | 2021-01-30 | 19 | $1,800 | - | Suspended |
Extras
Two furnaces, 1 unit is heated with electric baseboards.
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Property Details
Street
Community
City
Property Type
Fourplex, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
142' x 132'
Fronting
East
Taxes
$5,552 (2024)
Basement
Sep Entrance, Unfinished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
8
Driveway
Private
Garage Type
Detached
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Listing contracted with Royal Lepage Meadowtowne Realty
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