Investment opportunity, 6 - 2 bed/1 bath units split in 2 buildings with room for possible additional units. Purpose built building, First Time on the market. Well maintained with many long term tenants. Coin operated washer/dryer, Good location with good parking and green space. Walking distance to East Elgin Community Complex and Tim Hortons. Rental income $80,400/2025 est, property tax $7637 for 2024, insurance e$3591 est 2024, common area utilities $1880/ 2024 est, lawn/snow $2930 2024 est, common area cleaning $1110 2024 est. (id:47421)
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Detailed Information
Bedrooms
8+4
Bathrooms
7
Lot
93.08 x 197 ft
Listing Contract Date
2025-01-17
Location Description
South St W
# of Parking Spaces
10
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
R1 B
Building
Amenities
Separate Electricity Meters
Appliances
Water Heater, Dryer, Refrigerator, Stove, Washer
Architectural Style
Raised bungalow
Basement Type
Full
Cooling Type
Window air conditioner
Exterior Finish
Brick
Foundation Type
Block, Poured Concrete
Heating Fuel
Electric
Heating Type
Baseboard heaters
Stories Total
1
Type
Other
Utility Water
Municipal water
Land
Total Size
93.1 x 197 FT | under 1/2 acre
Sewer
Sanitary sewer
Size of Irregular Land
93.1 x 197 FT
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