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137-147 Mill Road,

MLS ® 1179328

Attention investors!!! Did you enjoy playing monopoly as a kid? Will here is your chance to play as an adult. Buy 3 houses & trade it in for a hotel!!! This is your opportunity. Nestled in the picturesque town of avondale & just a few minutes drive from the tch you will find avondale mountainview complex. Built in 2008 as an 8 unit (four 2 bedroom & four 1 bedroom apartment complex) then in 2010 demand called for 2 wings (each wing has two 2 bedroom apartments) for now a total of 12 units (eight 2 bedrooms & four 1 bedrooms). Each unit is currently rented as a 55 plus adult living with a proven track record of success. The 2 bedrooms rent for $600.00 per month pou & the 1 bedrooms rent for $550.00 per month pou for a total monthly income of $7,000.00. This property shows like new & also features a common area room shared amongst the 12 tenants. There is no shortage of parking & the lot is level. Opportunities to purchase a turn key independent living complex are rare... (Id:9704)



Ammenities Nearby
Highway, Recreation, Shopping

Zoning Description

Lot Size

Ownership Type


Building Type

Construction Style

Bathrooms (Full)

Bathrooms (Partial)


Floor Space
9218 sqft

Vinyl siding

Laminate, Other


Heating Type
Baseboard heaters

Heating Fuel

Utility Sewer
Septic tank

Municipal water

Cooling Type
Air exchanger

Landscape Features



Mortgage Calculator

Mortgage calculator by
Listing courtesy of RE/MAX Realty Specialists Limited


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