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  • 65 6TH Avenue
  • 65 6TH Avenue
  • 65 6TH Avenue
  • 65 6TH Avenue
  • 65 6TH Avenue
  • 65 6TH Avenue
65 6TH Avenue, Englehart, Ontario, P0J1H0
Bathrooms15 Bedrooms24
Property TypeMulti-family Building Area14832.65

Welcome to the Red School Apartments in Englehart, ON, where historic charm meets modern living. This meticulously converted 15-unit building, once a bustling schoolhouse, is now a multifamily gem just 2 hours north of North Bay. It combines the allure of northern investment with attractive cap rates and the stability of multi-residential assets. Englehart, known as The Little Town With the Big Heart, is a vibrant community rich in natural beauty and bustling with activities. Positioned halfway between Kirkland Lake and Temiskaming Shores, the building taps into a diverse workforce from mining, forestry, education, and business support services. This location not only assures steady demand but positions Red School Apartments as a central hub in a town celebrated for its welcoming atmosphere and progressive outlook. The property boasts modern amenities including on-site coin laundry and full TV/internet capabilities, ensuring comfort and convenience. Each unit's appeal is heightened by the town's robust offerings like Kap-Kig-Iwan Provincial Parks scenic trails and a range of local eateries and shops that cater to both families and outdoor enthusiasts. Fully tenanted with a history of high demand upon vacancy, Red School Apartments offers investors a turn-key solution with promising returns. Embrace the opportunity to invest in a property that stands at the crossroads of heritage and modernity, in a town where every season brings its own charm and a community that supports and thrives together. (id:42512)


Details
Amenities NearbyHospital, Park, Playground, Schools, Shopping Community FeaturesCommunity Centre
FeaturesLaundry- Coin operated OwnershipFreehold
Parking Spaces15 TransactionFor sale
Zoning DescriptionR3 - Apartment Residential
Building
Basement DevelopmentFinished BasementFull (Finished)
Exterior FinishBrick Fire ProtectionSecurity system
Bathrooms (Total)15 Heating FuelElectric
Size Interior14832.6500 Storeys Total2
Utility WaterMunicipal water
Land
Size Frontage132 ft AmenitiesHospital, Park, Playground, Schools, Shopping
SewerMunicipal sewage system Size Depth113 ft

Listing Office: Alloway Property Group Ltd., Brokerage

Data Provided by The Lakelands Association of REALTORS®

Last Modified :22/04/2024 11:53:21 AM

Listing Office: Alloway Property Group Ltd., Brokerage

Data Provided by The Lakelands Association of REALTORS®

Last Modified :22/04/2024 11:53:21 AM

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