NELLA WILLETT, Sales Representative - Expect Better
Listing ID: X5243201  
$3,500,000

77-79 SPRUCE AVE

SUTTON GROUP REALTY SYSTEMS INC.

77-79 SPRUCE AVE, Elliot Lake, Ontario, P5A2C1
Property TypeMulti-family Building Area62710.48 square feet

Attention Investors!! 2 Multi Unit Residential Townhomes With A Total Of 29 Units In The Heart Of Elliot Lake. Excellent Location. Just Steps To The Hospital, Spruce Beach, Arena, Walking Trails And Downtown Core. Property Is Approximately 1.44 Acres In Size. 2 Separate Buildings Which Consist Of A Mix Of 14-2 Bedroom Townhomes And 15-3 Bedroom Townhomes Each Approx. 800 Square Feet. Tenants Pay Their Own Heat And Hydro Through Separate Metres.**** EXTRAS **** Units Which Become Vacant Are Now Being Re-Rented At $1000 Per Month Plus Heat And Hydro. Excellent Potential For Income Growth Long Term As Rents Are Rapidly Rising. High Demand In Elliot Lake With Extremely Low Vacancy Rates. (id:42292)


Business
Business TypeResidential Business Sub TypeApartments
Details
TransactionFor sale
Building
Size Interior62710.48 sqft TypeMulti-Family
Utility WaterMunicipal water
Land
Size Irregular58 x 983 FT

Listing Office: SUTTON GROUP REALTY SYSTEMS INC.

Data Provided by Toronto Regional Real Estate Board

Last Modified :20/05/2021 06:06:32 PM

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