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233 Geddes St Centre Wellington, Ontario N0B 1S0

13 Bedroom 11 Bathroom
Window Air Conditioner Forced Air

$2,300,000

This 3 Building, 11 Unit Property With Ample Parking Is Nestled In The Heart Of Elora And Is Mere Steps To All Of The Desirable Shops And Restaurants Located Within The Downtown Core. Building A Is A Charming Stone Structure That Includes 4X One Bedroom Units And 1X Three Bedroom Unit. This Building Is Fully Tenanted And Contains Separate Hydro Meters. Building B Is Situated At The Rear Of The Property And Includes A Coin Operated, Shared Laundry Area And Storage Units For Each Of The 11 Units. The Second Level Of Building B Consists Of 2X One Bedroom Units, With Separate Hydro Meters, Which Are Both Currently Tenanted. Building C Includes 4X One Bedroom Units With Large Living Rooms; One Of Which Is Newly Vacant. The Property Has Been Well Managed By The Owners For The Past 28 Years And Maintains Long Standing Tenants. This Fantastic Opportunity Is Nestled Minutes From The Elora Mill, The Elora Gorge, And Several Fabulous Views Of The Grand River.**** EXTRAS **** Current Rental Income: $107,700.00/Year. (id:47723)

Property Details

MLS® Number X5705139
Property Type Multi-family
Community Name Elora/Salem
Parking Space Total 9

Building

Bathroom Total 11
Bedrooms Above Ground 9
Bedrooms Below Ground 4
Bedrooms Total 13
Cooling Type Window Air Conditioner
Exterior Finish Stone, Vinyl Siding
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Type Other

Land

Acreage No
Size Irregular 68 X 115 Ft
Size Total Text 68 X 115 Ft
Surface Water River/stream

https://www.realtor.ca/real-estate/24689346/233-geddes-st-centre-wellington-elorasalem

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