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5680 WELLINGTON ROAD 23 Erin

5680 WELLINGTON ROAD 23, Erin

$3,875,000

2,565 Square Feet
Excellent investment opportunity super close to downtown Erin on a quiet paved road. ~50 arable acres leased year to year for $150/acre. Main bungalow was gutted to the studs ~ 8 years ago & has 2 self contained 2 bedroom units with month to month tenants who wish to stay ($3,100/month) for annual income of $44,600. Rent out the workshop for $40000/month for a potential annual income of $92,600. A new septic was installed by Chard ~ 5 years ago. The workshop was reclad, spray foam insulated & converted to elegant living space in 2013. The main level offers soaring 10 foot ceilings, engineered hardwood or ceramic floors, & a spacious den/home office with convenient separate entrance. The open concept kitchen offers abundant cabinetry, backsplash, island & granite counters & the dining room has a walk out to the 14' x 30' BBQ deck. All trim and doors are Poplar. There is also a 2-car garage with storage loft. Land is not eligible for severance under current Provincial regulations. (id:25312)
  • Listing ID: X6036800
  • Property Type: Agriculture
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Details

  • Farm: Cash Crop
  • Transaction: For sale

Building

  • Cooling: Fully air conditioned
  • Fireplace Present: False
  • Size Interior: 2565 sqft
  • Type: Unknown

Land

  • Sewer: Septic System
  • Size Irregular: 75 x 75 Acre

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    This property for sale located at 5680 WELLINGTON ROAD 23 in Erin was last modified on July 18th 2023. Contact the Mullin Group to schedule a viewing or subscribe to other properties for sale in Erin Ontario.

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