42A HURON STREET
Deep River, Ontario K0J1P0

$1,999,999

ID# 1418728
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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36 THOMSON CRESCENT Deep River

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$359,900
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Address Price Bed Bath SqFt Area Sub Area Brokerage
36 THOMSON CRESCENT Deep River
36 THOMSON CRESCENT
 $349,900 3 2 60 ft X 100 ft (Irregular Lot) Deep River Laurentian Hills JAMES J. HICKEY REALTY LTD.
12 AVON ROAD Deep River
12 AVON ROAD
 $13 - - 546 ft X 498 ft Deep River Deep River CENTURY 21 ASPIRE REALTY LTD.
32750 HIGHWAY 17 HIGHWAY Deep River
32750 HIGHWAY 17 HIGHWAY
 $589,000 3 4 1.49 ac Deep River Laurentian Hills JAMES J. HICKEY REALTY LTD.
581 ROCKY POINT LANE Deep River
581 ROCKY POINT LANE
 $1,300,000 3 2 245 ft X 100 ft (Irregular Lot) Deep River Laurentian Hills JAMES J. HICKEY REALTY LTD.
HIGHWAY 17 HIGHWAY Deep River
HIGHWAY 17 HIGHWAY
 $59,900 - - 0.42 ac Deep River Deep River JAMES J. HICKEY REALTY LTD.
33016 HIGHWAY 17 HIGHWAY Deep River
33016 HIGHWAY 17 HIGHWAY
 $359,900 2 1 1.4 ac Deep River Deep River JAMES J. HICKEY REALTY LTD.
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