59 North Street N Goderich, Ontario N7A 2T5

$1,250,000

Welcome to 59 North Street, an investment opportunity in the heart of Goderich! This six-unit residential income property features five one-bedroom apartments and one two-bedroom apartment, with each unit separately metered to help simplify utility management and operating expenses. Ideally situated in a high-demand rental area, the property is within walking distance of downtown, shopping, offices, parks, and the beautiful shores of Lake Huron, making it an attractive location for tenants. Several units are currently vacant, providing the opportunity for a new owner to set market rents and implement their own property management strategy. Extensive renovations have been completed throughout the building, and the property is fully compliant with current fire code requirements, offering added peace of mind. Additional highlights include a spacious rear yard and a storage shed, providing valuable outdoor space and convenient storage. Whether you're looking to expand your investment portfolio or acquire an income-producing property, 59 North Street offers an excellent opportunity in one of Ontario's most desirable lakefront communities. (id:19593)

Property Details

MLS® Number	X13532350
Property Type	Multi-family
Community Name	Goderich (Town)
Amenities Near By	Place Of Worship, Hospital, Marina
Community Features	Community Centre
Features	Level Lot, Flat Site, In-law Suite
Parking Space Total	8
Structure	Shed

Building

Bathroom Total	6
Bedrooms Above Ground	5
Bedrooms Below Ground	2
Bedrooms Total	7
Age	100+ Years
Amenities	Separate Electricity Meters
Appliances	Water Heater, All
Basement Development	Finished
Basement Features	Apartment In Basement, Separate Entrance, Walk Out
Basement Type	N/a, N/a, N/a (finished)
Cooling Type	None
Exterior Finish	Brick
Foundation Type	Stone
Heating Fuel	Natural Gas
Heating Type	Radiant Heat
Stories Total	3
Size Interior	3,000 - 3,500 Sqft
Type	Other
Utility Water	Municipal Water

Parking

No Garage

Land

Access Type	Year-round Access
Acreage	No
Land Amenities	Place Of Worship, Hospital, Marina
Sewer	Sanitary Sewer
Size Depth	156 Ft ,4 In
Size Frontage	69 Ft ,7 In
Size Irregular	69.6 X 156.4 Ft
Size Total Text	69.6 X 156.4 Ft
Zoning Description	C5

Utilities

Cable	Available
Electricity	Installed
Sewer	Installed

https://www.realtor.ca/real-estate/29999289/59-north-street-n-goderich-goderich-town-goderich-town