Listing Details
Subtype: Multiplex
Year built: 1900
Year renovated: 2020
Total building size (sq. ft.): 2600
Units: 4
Zoning: R3
Parking spaces: 4
Floors: 1.5
Beds: 6
Baths: 4
Lot Size: 53 Sq Ft
Financial Details
Net operating income: $66,900
Percent leased: 100%
Description
Completely renovated 4-Plex. Includes two 2 bedroom units, one 1 bedroom unit, and a bachelor unit. Walking distance to downtown amenities. High demand for rentals in this area, only 30 mins to Bruce Power. Fully rented with lots of parking. 4-Plex has been completely renovated to the studs, new roof, windows, spray foam, the list goes on. All units are sound proofed and have there own laundry and fireplace. 12'x25' shed on the property could be rented for extra income. Each unit has it's own hydro meter. 30 mins to Kincardine. Rents for 2022: Apt#1 pays $1,575/Month | Apt#2 pays $1,575/Month | Apt#3 pays $1,500/Month | Apt #4 pays $925/Month. Expenses are: Taxes $2,820/year, Hydro $1,692/Year, Gas $2,520/Year, Insurance $4,704/Year. Landlord pays all utilities. Great turn-key investment property.
Location & nearby
This listing is located in Walkerton, ON N0G 2V0
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