Welcome to 59 North Street, an investment opportunity in the heart of Goderich! This six-unit residential income property features five one-bedroom apartments and one two-bedroom apartment, with each unit separately metered to help simplify utility management and operating expenses. Ideally situated in a high-demand rental area, the property is within walking distance of downtown, shopping, offices, parks, and the beautiful shores of Lake Huron, making it an attractive location for tenants. Several units are currently vacant, providing the opportunity for a new owner to set market rents and implement their own property management strategy. Extensive renovations have been completed throughout the building, and the property is fully compliant with current fire code requirements, offering added peace of mind. Additional highlights include a spacious rear yard and a storage shed, providing valuable outdoor space and convenient storage. Whether you're looking to expand your investment portfolio or acquire an income-producing property, 59 North Street offers an excellent opportunity in one of Ontario's most desirable lakefront communities. (id:36109)
Property Details
MLS® Number
X13532350
Property Type
Multi-family
Community Name
Goderich (Town)
Amenities Near By
Place Of Worship, Hospital, Marina
Community Features
Community Centre
Features
Level Lot, Flat Site, In-law Suite
Parking Space Total
8
Structure
Shed
Building
Bathroom Total
6
Bedrooms Above Ground
5
Bedrooms Below Ground
2
Bedrooms Total
7
Age
100+ Years
Amenities
Separate Electricity Meters
Appliances
Water Heater, All
Basement Development
Finished
Basement Features
Apartment In Basement, Separate Entrance, Walk Out