Homes for sale - 55 Willow Street, Paris, ON N3L 2K8

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Listed by Alexandra Borondy • RE/MAX Escarpment Realty Inc.

$1,499,900

Est. payment - /mo

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10 BD

10 BA

688 SqFt

Active

55 Willow Street Paris, ON N3L 2K8

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Dan Carrol

dancarrol@kw.com +1(905) 518-9808

UPDATED:

12/17/2024 07:05 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 688 sqft

Price per Sqft $2,180

MLS Listing ID 40683078

Bedrooms 10

Abv Grd Liv Area 688

Originating Board Hamilton - Burlington

Annual Tax Amount $11,736

Property Description

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.

Location

Province ON

County Brant County

Area 2105 - Paris

Zoning Residential

Direction Dundas St E to Willow St.

Rooms

Basement Full, Unfinished

Kitchen 0

Interior

Interior Features Separate Hydro Meters

Heating Forced Air, Natural Gas

Cooling None

Fireplace No

Appliance Refrigerator, Stove

Laundry Coin Operated

Exterior

Parking Features Asphalt, Mutual/Shared

Roof Type Asphalt Shing,Metal

Lot Frontage 132.0

Lot Depth 125.0

Garage No

Building

Lot Description Shopping Nearby

Faces Dundas St E to Willow St.

Story 2

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 320500110

Ownership Freehold/None

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Dan Carrol

Sales Representative | License ID: 4751750

+1(905) 518-9808