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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