132 MAIN Street

Multi-family For Sale in Ailsa Craig, Ontario

  • 4 Beds
  • 4 Baths
  • 2,000 Sq. Ft.
  • Built 1890
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
Basement Area Full (Unfinished)
Postal Code N0M1A0
Zoning C1
Site Influences Place of Worship, Playground, Shopping
Features Corner Site

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Denette Newham

159 Main St Lucan ON N0M 2J0

Phone: 519-872-3645

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