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$ 749,000
Est. payment | /mo
7 Beds
6 Baths
3,500 SqFt
$ 749,000
Est. payment | /mo
7 Beds
6 Baths
3,500 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500 - 5000
Square Footage 3,500 sqft
Price per Sqft $214
Subdivision Wingham
MLS® Listing ID X13224924
Bedrooms 7
Property Description
8.2% Cap Rate! Well-maintained legal 6-plex (5 x 1 Bdrm, 1 x 2 Bdrm) with phenomenal curb appeal on a large corner lot. 1 unit presently vacant. Excellent Tenant profile. Units are heated by Electric Baseboard, Tenants pay their own Hydro, Ample onsite parking and centrally located 150m from downtown & within walking distance to all amenities. This investment has lots of unrealized upside potential, Unit 4 has a sizeable, Full height finished attic space not being used which could transform unit 4 into a large 2-storey 4 bedroom suite. Spacious coach house currently in use by the owner has potential to bring additional rental income or could potentially be converted to a 7th unit with city approval. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, ,
Cooling None
Exterior
Parking Features Yes
View Y/N No
Attached Garage No
Total Parking Spaces 8
Garage Yes
Private Pool No
Building
Lot Description Landscaped
Story 2.5
Sewer Sanitary sewer
Listed by MYSAK REALTY INC.
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