20 Units plus 12 storage units with Net Operating Income of 214,973.33. This outstanding turnkey operation comprises three buildings, featuring a total of 20 individual dwellings, including 16 two-bedroom units and 4 one-bedroom units. Additionally, there are 12 individual storage units available. What sets this property apart is its inclusion of a dedicated laundry facility and maintenance shed, as well as ample space and approval for future development possibilities of 16 more units! All units are designed for convenience, offering main floor exterior access to each dwelling. This design not only attracts long-term residents but also provides a hassle-free living experience. The buildings are constructed with sturdy all-brick exteriors and durable asphalt shingled roofs, making them an ideal choice for investors seeking to minimize maintenance and repair costs. There is also a promising opportunity to increase revenue through tenant turnover and by introducing pay-per-use laundry facilities. This aesthetically pleasing apartment complex is certain to leave a lasting impression on potential investors.
PT LT 12 CON 14 ED ASHFIELD PT 2, 3R1982, PT 1, 3R1961 & PT 2, 3R1910; EXCEPT PT 1, 3R1982 & PT 1, 3R8509 TOWNSHIP OF HURON-KINLOSS
Occupancy
Tenant
Possession Date
Flexible
Taxes (2024)
$35,742
Tax Type
Annual
Assessment (2023)
$1,361,000
Directions/Cross Streets
Left onto Ross Street off of Lucknow Line, Building will be on your left
Neighbourhood
Huron-Kinloss
Area
Bruce
Price History
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Freestanding
Y
Lot Irregularities
226.55 ft x 395.79
Total Area
2.9 acres
Approximate Age
51-99
Air Conditioning
N
Garage Type
None
Parking Spaces
35
Heat Type
Other
Sewers
None
Utilities
A
Water
Municipal
Lot/Bldg/Unit Code
Building
Zoning
RES
Seller Property Info Statement
N
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