412 Ross Street, Huron Kinloss | Image 1

412 Ross Street

Huron Kinloss, Huron-Kinloss

  • - bed - bath
$X,XXX,XXX est.*: $12,195/mo
For Sale

Added 3 days ago

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  • Type: Multiplex

  • Style: Other

  • Lot Size: 0 x 0 Acres

  • Age: 51-99 years

  • Taxes: $35,742 per year

  • Added: May 13, 2024 (3 days ago)

  • Updated:

  • Last Checked: 1 hour ago

  • MLS®#: X8332224

  • Listed By: The agency real estate

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.

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: Other

  • Age: 51-99

  • Area: Huron Kinloss

  • Community: Huron-Kinloss

  • Availability Date: Flexible

  • Assessment Amount: $1,361,000

  • Assessment Year: 2023

Inside

  • Den/Family Room: No

  • Air Conditioning: Wall Unit

  • Fireplace: No

Building

  • Basement: None

  • Heat Type: Radiant

  • Heat Source: Electric

  • Exterior: Brick

  • Exterior: Vinyl Siding

  • Elevator: N

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Available

  • Garage Type: None

  • Covered Parking Spaces: 35

  • Total Parking Spaces: 35

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 12 CON 14 ED ASHFIELD PT 2, 3R1982, PT 1, 3R1961 & PT 2, 3

  • Taxes: $35,742

Land

  • Cross Street: Left Onto Ross Stree

  • Municipality District: Huron-Kinloss

  • Fronting On: East

  • Parcel Number: 333330185

  • Pool: None

  • Sewer: Sewers

  • Lot Irregularities: 226.55 Ft X 395.79

  • Acres: 2-4.99

  • Zoning: RES

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Car-Dependent

  • Most errands require a car.
44 /100

Somewhat Bikeable

  • Most errands require a car.
32 /100
JK-8

Lucknow Central Public School

Elementary: Public
0.91 km
7-8

F. E. Madill Elementary

Elementary: Public
19.14 km
JK-8

Sacred Heart Separate School

Elementary: Catholic
19.16 km
JK-8

Brookside Public School

Elementary: Public
7.89 km
JK-8

Ripley-Huron Community - Junior Campus School

Elementary: Public
13.56 km
JK-8

Maitland River Elementary

Elementary: Public
19.37 km
9-12

Avon Maitland District E-learning Centre

Secondary: Public
37.95 km
9-12

Kincardine District Secondary School

Secondary: Public
25.67 km
9-12

Goderich District Collegiate Institute

Secondary: Public
29.41 km
9-12

Central Huron Secondary School

Secondary: Public
38.16 km
9-12

St Anne's Catholic School

Secondary: Catholic
38.48 km
9-12

F E Madill Secondary School

Secondary: Public
19.14 km
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