412 ROSS STREET, Huron-Kinloss, Ontario, CA

Address: 412 ROSS STREET, Huron-Kinloss, Ontario

0 Beds0 Baths0 sqftStatus: Buy
Price $3,600,000

Property Overview


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:51532)

 

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Property Summary
Property Type
Multi-family
Building Type
Other
Community Name
Huron-Kinloss
Land Size
226.55 ft x 395.79|2 - 4.99 acres
Building
Interior Features
Appliances Included
Dishwasher, Dryer, Refrigerator, Stove, Two Washers, Two stoves, Washer
Building Features
Foundation Type
Block
Heating & Cooling
Cooling
Wall unit
Heating Type
Radiant heat
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding, Brick
Parking
Total Parking Spaces
35
Land
Other Property Information
Zoning Description
RES
Features
           Dishwasher            Dryer            Refrigerator
           Stove            Two Washers            Two stoves
           Washer            Wall unit
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Your Home Finance Calculation

Property Price CA $3,600,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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