412 ROSS STREET, Huron-Kinloss

2024-05-13
 

Quick Summary

Location
412 ROSS STREET, Huron-Kinloss, Ontario N0G2H0
Price
$3,499,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
2ft2

MLS®#X8332224

Property Description

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. (id:32467)

Property Features

Building

  • Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Fireplace: No
  • Interior Size: 2.904 ac
  • Building Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Land Size: 226.55 ft x 395.79

Zoning

  • Description: RES

Information entered by THE AGENCY REAL ESTATE
Listing information last updated on: 2024-09-04 16:50:38


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$500,000

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