This 20-unit townhouse-style complex is spread over 2.9 acres with strong income and significant upside. Current NOI exceeds $164K with multiple units recently turned and leased at $1,400$1,500/month. Older units still average under $800/month, providing substantial mark-to-market potential. Tenants pay their own hydro and the site includes income from storage rentals. Ideal for long-term investors seeking scale, low turnover, and a clear path to increased yield through repositioning. Financials available. Buyer to do own due diligence. (id:57557)
| MLS® Number | X12105717 |
| Property Type | Multi-family |
| Parking Space Total | 20 |
| Bathroom Total | 20 |
| Bedrooms Above Ground | 36 |
| Bedrooms Total | 36 |
| Heating Type | Other |
| Size Interior | 0 - 699 Ft2 |
| Type | Other |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | Yes |
| Size Depth | 395 Ft |
| Size Frontage | 197 Ft |
| Size Irregular | 197 X 395 Ft |
| Size Total Text | 197 X 395 Ft|2 - 4.99 Acres |
https://www.realtor.ca/real-estate/28219103/412-ross-street-huron-kinloss
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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. 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. Used under license.
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