Added 2 weeks ago
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Type: Investment
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Property Type: Commercial
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Business Type: Apts-2 To 5 Units
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Zoning: ROW
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Age: 51-99 years
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Taxes: 5148
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MLS®#: X10404990
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Days on Site: 10 Days
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Added: Nov 02, 2024 (2 weeks ago)
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Updated:
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Last Checked: 4 hours ago
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Listed By: HOMELIFE LONDON REALTY INC.
This looks like a solid investment opportunity! A 5-plex all 2 bedrooms are renovated units, finished basements, and tenants covering utilities is definitely appealing. Plus, the proximity to the hospital and major highways is a big plus. The fact that rents are below market value means there's potential for increased cash flow in the future. All 5 units have renovated kitchens, some stainless appliances, updated bathrooms, newer flooring through all of the 5 units, all newer light switches and electrical out lets and newer LED lights in most units. If you're considering this, it might be worth looking into the current market trends and rental rates in the area to get a better sense of the potential returns. What do you think?
Extras
all 5 units have renovated kitchens, some stainless appliances, updated bathrooms, brand new flooring through all of the 5 units, all new light switches and electrical out lets and new LED lights in most units..
Property
Status: Sale
Type: Apts-2 To 5 Units
Property Type: Investment
Property Type: Apartment
Age: 51-99
Area: Strathroy-Caradoc
Community: NW
Availability Date: 30 DAYS
Assessment Amount: $326,000
Assessment Year: 2024
Inside
Air Conditioning: Y
Utilities
Utilities: Yes
Building
Heat Type: Baseboard
Energy Certificate: N
Green Verification Status: N
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: None
Fees
Tax Year: 2024
Taxes: $5,148
Expenses: Est
Insurance Fee: 5540
Taxes Type: Annual
Taxes: 5148
Tax Year: 2024
Land
Cross Street: EAST
Municipality District: Strathroy-Caradoc
Parcel Number: 085930134
Lot Depth: 134.08 Feet
Lot Frontage: 124.94 Feet
Zoning: ROW
Commercial Specific
Sprinklers: N
Total Area: 16963.91
Total Area Metric: Sq Ft
Franchise: N
Tangible Property Included: Y
Lot Code: Lot
Financial Statement: N
Gross Income/Sales: 70812
Adelaide - W G MacDonald Public School
Elementary: PublicSt Vincent de Paul Separate School
Elementary: CatholicJ. S. Buchanan French Immersion Public School
Elementary: PublicOur Lady Immaculate School
Elementary: CatholicNorth Meadows Elementary School
Elementary: PublicMary Wright Public School
Elementary: PublicNorth Middlesex District High School
Secondary: PublicGlencoe District High School
Secondary: PublicHoly Cross Catholic Secondary School
Secondary: CatholicSt. Andre Bessette Secondary School
Secondary: CatholicSt Thomas Aquinas Secondary School
Secondary: CatholicStrathroy District Collegiate Institute
Secondary: Public
- 2 bath
- 0 bed
28636 Centre Road West, Strathroy-Caradoc, Ontario • N7G 3H6 • Strathroy-Caradoc
