12 Harriet Street Severn, Ontario L0K 1E0
$1,399,000
Welcome to 12 Harriet St, Coldwater with 4 of the 5 units are nicely renovated (check the photos), this solid and well updated former school in Coldwater, Ontario is just over 4000 sq feet. The building has a newer roof, mostly newer windows, all separate hydro meters ( one for each of the units and a 6th for the common areas of the building. Nicely landscaped and has a large parking lot. Updated front and back entrances to the building. There is also a newer coin laundry pair in the building that generate over $2500/annually. Newer furnace (gas) and two new 60 gallon hot water tanks. The stunning upstairs renovated apartment shows what the building has to offer ( pressed tin 13 foot ceilings). Brand new salient fact report available, calculations proving a 5.5% CAP rate. Large upside when last remaining unit can be renovated to take the rent from $680/month to $2500/month. This building has be thoughtfully renovated and meticulously maintained. Solid tenant base, and no building problems!! (id:60365)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | S12252008 |
| Property Type | Multi-family |
| Community Name | Coldwater |
Building
| CoolingType | Partially Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Hot Water Radiator Heat |
| SizeExterior | 4200 Sqft |
| SizeInterior | 4200 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 132 Ft |
| SizeFrontage | 132 Ft |
| SizeIrregular | Bldg=132 X 132 Ft |
| SizeTotalText | Bldg=132 X 132 Ft |
| ZoningDescription | Multi Residential |
https://www.realtor.ca/real-estate/28535535/12-harriet-street-severn-coldwater-coldwater
Heather O'flynn
Broker
355 Bayfield Street, Unit 5, 106299 & 100088
Barrie, Ontario L4M 3C3
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June 28 2025 08:44:57
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