Highway 85 North. At Arthur Street, keep going straight. Left on First Street West. Right on Killdeer Road. Classic walk up, twelve plex apartment building beckons for your immediate attention! Concrete (cast/block masonry) building. Can not build for list price. Very few come available on MLS in Elmira - maybe one every five or six years. Take the risk out of this purchase: building comes to you very well documented with a Pinchin Phase I Environmental (2024, clean), Pinchin Building Condition Assessment (2024). Life Safety Systems Update/Certificate (2024). Opportunity to increase rents significantly over time. Property may qualify for CMHC MLI Select program under the Affordability Criteria â with the best rates and amortizations currently available. Individual electrical meters â tenants pay electricity. Cap ex: modernized hallways with carpet tile, commercial water heaters (2023), sloped asphalt roof (2017). Buildingâs back windows (2020), Buildingâs front windows (2015/2016 approximately). Balcony doors (2019/2020) Great low density rental area. Good tenant profile. Easy building to add to your existing portfolio. Opportunity abounds! Call your favourite REALTOR today and letâs book a showing. (id:27476)
