42A HURON STREET
Deep River, Ontario K0J1P0

$1,999,999

ID# 1388628
INCREDIBLE OPPORTUNITY!! Take advantage of the huge demand and shortage of rentals with this RARE all brick, 23 Unit nestled in the booming beautiful town of Deep River close to the shores of the Mighty Ottawa River. This safe, quiet, friendly and vibrant community is known for a great place to retire and is on the doorsteps of major employers like the expanding CNL Labs and Garrison Petawawa with many amenities. Offering all 2 Bedroom Units priced at only $87,000 per unit! This building has the potential to gross over $300k at market rents and offer an 8% cap rate. Incredible opportunity with massive upside potential and possibly space for another smaller building on the lot. Tons of parking, coin operated laundry, and single storage room on each level. Extremely well-maintained building and excellent tenants (many retired). Mandatory 48 hr. irrev. on all offers. New Roof (2017). VERY CLEAN, WELL MAINTAINED BUILDING! Price is FIRM, Replacement cost over $7,500,000! (id:25961)

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Heating Type Baseboard heaters
Heating Fuel Electric
Stories Total 2
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Address Price Bed Bath SqFt Area Sub Area Brokerage
36 THOMSON CRESCENT Deep River
36 THOMSON CRESCENT
 $399,900 3 2 60 ft X 100 ft (Irregular Lot) Deep River Laurentian Hills JAMES J. HICKEY REALTY LTD.
1 BROCKHOUSE WAY UNIT107 Deep River
1 BROCKHOUSE WAY UNIT107
 $259,900 2 1 Deep River Laurentian Hills JAMES J. HICKEY REALTY LTD.
15 GREENWOOD ROAD Deep River
15 GREENWOOD ROAD
 $769,900 4 3 0.9 ac Deep River Greenwood/James EXIT OTTAWA VALLEY REALTY
554 ROCKY POINT LANE Deep River
554 ROCKY POINT LANE
 $499,900 1 1 50 ft X 100 ft (Irregular Lot) Deep River Deep River ROYAL LEPAGE EDMONDS & ASSOCIATES
6 THOMSON CRESCENT Deep River
6 THOMSON CRESCENT
 $399,900 3 2 62.01 ft X 130 ft Deep River Thomson and Rutherford EXIT OTTAWA VALLEY REALTY
15 TROYES STREET Deep River
15 TROYES STREET
 $369,900 3 2 50 ft X 100 ft Deep River Downtown EXIT OTTAWA VALLEY REALTY
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