65 6th Avenue, Englehart
65 6th Avenue, Englehart
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6 Photos
- Bedrooms: 24
- Bathrooms: 15
- Living area: 14832.65 sqft
- MLS®: 40575604
- Type: Townhouse
- Added: 11 days ago
Property Details
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:1945)
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Property Information
- Sewer: Municipal sewage system
- Heating: Electric
- Stories: 2
- Basement: Finished, Full
- Directions: Hwy 11 North to Englehart ON, 6th ave runs E/W, property located between 3rd St. and 4th St.
- Living Area: 14832.65
- Lot Features: Laundry- Coin operated
- Photos Count: 6
- Water Source: Municipal water
- Parking Total: 15
- Bedrooms Total: 24
- Common Interest: Freehold
- Subdivision Name: Englehart
- Tax Annual Amount: 14247
- Exterior Features: Brick
- Security Features: Security system
- Community Features: Community Centre
- Zoning Description: R3 - Apartment Residential
- Number Of Units Total: 15
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