ON
Central Huron (Clinton)
N0M1L0
123 East Street
123 East Street, Central Huron (Clinton), ON N0M1L0
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Listing Type
Multi Family
Listing Status
Active
42
$1,750,000

Home Details for 123 East Street

Price
$1,750,000
Type
Residential Income
Listing #
X13080648
Property Description

22 unit building being offered for sale at aprox. 9.1% Cap rate/$79k per unit. Comprised of 2x1Bed, 20x2Bed. Substantial cash flow from day 1 of ownership. Separate hydro meters. The asset is situated in a quiet, established neighbourhood with proximity to schools, parks, and local amenities, making it highly attractive to long term tenants and supporting consistent occupancy. Income/Expense ratio is roughly 49.5%. Decrease your expenses and increase your income to streamline operations and improve efficiency. This is a stabilized, income producing property with the fundamentals investors look for solid construction, full occupancy, and a straightforward strategy to drive returns through operational improvements and rental upside. Tour of all units will take place Sunday May 10th from 3pm-5pm. Please confirm attendance. (id:31684)

Property Features
  • Heating Information
    • Baseboard
    • Hot Water
    • Electric
  • Cooling Information
    • None
Listing Courtesy: MYSAK REALTY INC.
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EXIT INTEGRITY REALTY, BROKERAGE
240 Holiday Inn Drive #F, Cambridge, ON N3C 3X4
Alourd Rosales
License #: 6002375
Sales Representative
Office
647 618 3158
Agent
226 989 2676
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