Description

 Price: $ 1,750,000.00 MLS^®: X13080648         Location : 123 East Street, Central Huron, ON N0M 1L0

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 Description

East street and Irwin St.

Property Details

• Community: Clinton
• Property Type: Tenant/Commercial
• Garages: Street

Building Features

Features

• Heating: Baseboard