132 MAIN Street

Multi-family For Sale in Ailsa Craig, Ontario

  • 4 Beds
  • 4 Baths
  • 2,000 Sq. Ft.
  • Built 1890
INVESTMENT OPPORTUNITY. Fourplex --Unit #2 CURRENTLY VACANT - could rent for $1000/month. Four 1 Bedroom, 1 Bathroom - all month to month. All brick building with vinyl siding. Hands off, easy investment in the booming, growing small town of Ailsa Craig with more than 300 new homes set to build within a few years - already started. Zoning allows commercial uses as well. Current rents are as follows: Unit 1 - $699.26, Unit 2 - vacant- rent can be $1000/month+utilities. Unit 3 - $549.77, Unit 4 - $574.00. (long term tenants - under paying) Tenants pay gas and hydro. Taxes are only approx. $3000/year. With some work - this could be an excellent income property. (id:4069)
Address 132 MAIN Street
List Price $449,900
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 40408497
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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