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 |
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 |