412 Ross Street Huron-Kinloss, ON N0G 2H0
Listing Courtesy of:  CREA / The Agency Real Estate

  412 Ross Street Huron-Kinloss, ON N0G 2H0

Active (110 Days)

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:41440)

MLS®:
X8332224
Type
Multifamily
County
Bruce County

Listed By

Jeff Wybo, The Agency Real Estate
Source
CREA
Last checked Aug 31 2024 at 9:45 PM GMT+0000
Bathroom Details
Interior Features
  • Dryer
  • Stove
  • Dishwasher
  • Refrigerator
  • Washer
Property Features
  • Foundation: Block
Heating and Cooling
  • Electric
  • Radiant Heat
  • Wall Unit
Exterior Features
  • Vinyl Siding
  • Brick
Utility Information
  • Sewer: Sanitary Sewer
Parking
  • Total: 35
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jul 30, 2024
Price Changed
$3,499,000
-3%
-101,000
Disclaimer: REALTOR.CA The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 8/31/24 14:45