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255 Raglan Street Woodstock, Ontario N4S 1W9

10 Bedroom 6 Bathroom 6754
None Hot Water Radiator Heat

$2,800,000

*** Serious Investors Only *** Completely updated building interior and exterior, accompanied with high level rents offers a fantastic opportunity. This stately century building is made up of 6 units total, 2 - 1 Bedrooms, 1 - 1 Bedroom plus Den, 2 - 2 Bedrooms and 1 - 3 Bedroom. Zoned R2 (Legal non conforming), this property sits overlooking the city on .566 acres nestled amongst a quiet area of booming Woodstock. Future opportunities for future development with potential rezoning offers other potential opportunities and add supplemental value for future use of the premises. Don't wait long to add this turn key property to your portfolio. It is currently sitting at 4% Cap rate based on current rents. This building is easy to rent with its spacious units, soaring high ceilings, unique upper and lower units, private patios and expansive balconies overlooking the park like setting. The units are all updated with vinyl flooring, new kitchens and bathrooms, and a professionally landscaped and groomed on the exterior grounds. All showings booked between 2-5 weekdays, and 10 am - 1 pm on Saturdays. (id:46857)

Property Details

MLS® Number 40154242
Property Type Multi-family
Amenities Near By Golf Nearby, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Communication Type High Speed Internet
Community Features Community Centre
Equipment Type Water Heater
Features Cul-de-sac, Southern Exposure, Park/reserve, Conservation/green Belt, Golf Course/parkland, Paved Driveway, Laundry- Coin Operated
Parking Space Total 8
Rental Equipment Type Water Heater

Building

Bathroom Total 6
Bedrooms Total 10
Basement Development Unfinished
Basement Type Partial (unfinished)
Constructed Date 1880
Cooling Type None
Exterior Finish Brick, Vinyl Siding
Fire Protection None
Foundation Type Poured Concrete
Heating Type Hot Water Radiator Heat
Stories Total 2
Size Interior 6754
Utility Water Municipal Water

Land

Access Type Highway Access, Highway Nearby
Acreage No
Land Amenities Golf Nearby, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 144 Ft
Size Frontage 173 Ft
Size Irregular 0.566
Size Total 0.566 Ac|1/2 - 1.99 Acres
Size Total Text 0.566 Ac|1/2 - 1.99 Acres
Zoning Description R2 - Legal Non Conforming 6 Plex

Utilities

DSL* Available
Natural Gas Available

https://www.realtor.ca/real-estate/23641690/255-raglan-street-woodstock

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