55 WILLOW Street Paris

55 WILLOW Street, Paris, Ontario

$1,600,000

  • 680 Square Feet

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:23309)

  • Listing ID: XH4204892
  • Property Type: Multi-family
  • Year Built: 1870

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Details

  • Architectural Style: 2 Level
  • Equipment: None
  • Features: Paved driveway, No Driveway, Shared Driveway, Laundry- Coin operated
  • Parking Spaces: 12
  • Rental Equipment: None
  • Transaction: For sale

Building

  • Architectural Style: 2 Level
  • BasementType: Full (Unfinished)
  • Basement Development: Unfinished
  • Constructed Date: 1870
  • Construction Style Attachment: Detached
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Fire Protection: Smoke Detectors
  • Foundation: Poured Concrete
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 680 sqft
  • Stories Total: 2
  • Utility Water: Municipal water

Land

  • Sewer: Municipal sewage system
  • Size Frontage: 132 ft
MLS®

Listing provided by RE/MAX Escarpment Realty Inc.
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REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 55 WILLOW Street in Paris Ontario. It was last modified on September 17th, 2024. Contact Marion Benson to schedule a viewing or to discover other Paris real estate for sale.

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