Fourplex with NOI of $20,698. Four 1 Bedroom, 1 Bathroom units all under rented, all month to month. Rent increases through turnover should have NOI closer to $45,000! All brick building with vinyl siding. Hands off, easy investment in booming, growing small town with more than 300 new homes set to build within a few years - starting this spring. Zoning allows commercial uses as well. Current rents are as follows: Unit 1 - $682.09, Unit 2 - $536.36, Unit 3 - $617.32, Unit 4 - $566.72 (id:4069)
| Address |
132 MAIN Street |
| List Price |
$499,900 |
| Property Type |
Multi-family |
| Type of Dwelling |
Fourplex |
| Area |
Ontario |
| Sub-Area |
Ailsa Craig |
| Bedrooms |
4 |
| Bathrooms |
4 |
| Floor Area |
2,000 Sq. Ft. |
| Lot Size |
0.158 Sq. Ft. |
| Year Built |
1890 |
| MLS® Number |
40351678 |
| Listing Brokerage |
CENTURY 21 FIRST CANADIAN CORP., BROKERAGE
|
| Basement Area |
Full (Unfinished) |
| Postal Code |
N0M1A0 |
| Zoning |
C1 |
| Site Influences |
Place of Worship, Playground, Shopping |
| Features |
Corner Site |
