Active
55 WILLOW Street
Paris Ontario, N3L2K8
C$1,499,900
C$2,180.09 per sqft
Active
10 Beds
10 Baths
688 sqft
Residential
Courtesy of RE/MAX Escarpment Realty Inc.
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:41202)
40683078
MLSⓇ ID
December 4, 2024
Updated
Map
55 WILLOW Street
Paris Ontario, N3L2K8
Interior Features
Total Stories
2
Bedrooms
10
Total Bathrooms
10
Fireplace
No
Cooling
Yes
Cooling Description
None
Heating
Yes
Heating Description
Forced air, Natural gas
Exterior/Building Features
Sewer
Municipal sewage system
Other Property Details
Association Amenities
Shopping
Garage
No
Parking Total
12
View
No
Pool
No
Courtesy of RE/MAX Escarpment Realty Inc.
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