55 Willow Street Active

Paris,ON N3L 2K8

$ 1600000

0 Bed

0 Bath

680 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 680 sqft

Price per Sqft $2,352

MLS Listing ID XH4204892

Style Two Story

Abv Grd Liv Area 680

Originating Board Hamilton - Burlington

Year Built 1870

Annual Tax Amount $11,736

Property Description

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.

Location

Province ON

County Brant County

Area 2105 - Paris

Direction Dundas St E to Willow St.

Rooms

Basement Full,Unfinished

Interior

Heating Forced Air,Natural Gas

Fireplace No

Laundry Coin Operated

Exterior

Garage Asphalt,Mutual/Shared,None

Pool None

Waterfront No

Roof Type Asphalt Shing,Metal

Lot Frontage 132.0

Lot Depth 125.0

Garage No

Building

Lot Description Urban,Square

Faces Dundas St E to Willow St.

Story 2

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Architectural Style Two Story

Level or Stories 2

New Construction No

Others

Senior Community false

Tax ID 320500110

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