REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,750,000
Est. payment | /mo
$ 1,750,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Clinton
MLS Listing ID X13080648
Annual Tax Amount $22,550
Tax Year 2025
Property Sub-Type Investment
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.
Location
Province ON
County Huron
Area Huron
Interior
Cooling No
Exterior
Community Features Major Highway
Utilities Available Yes
Lot Frontage 442.83
Lot Depth 114.42
Others
Security Features Yes
ParcelsYN No
Listed by MYSAK REALTY INC.
Nearby Locations
"My job is to deliver more results for you when you are buying or selling your property! "