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$ 1,770,000
Est. payment /mo
Active
2047 MAIN STREET S Haldimand, ON N0A1J0
10 Beds
6 Baths
4,999 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,999 sqft
Price per Sqft $354
Subdivision Haldimand
MLS® Listing ID X11959149
Bedrooms 10
Originating Board Toronto Regional Real Estate Board
Property Description
**Prime Investment Opportunity 6-Unit Apartment Building in Jarvis!** An outstanding multiplex investment offering stable rental income, with all units currently occupied. This well-maintained property features four spacious two-bedroom units and two one-bedroom units, each separately metered. Recent upgrades enhance long-term value, including a newer pump (2024), windows (2023-2024), boiler & furnace (2018), resurfaced roof (2017), and updated siding (2019). This income-generating property produces a gross total income of $115,360 per year, including rental revenue and coin laundry income ($1,984), with total expenses of $17,820, resulting in a NOI of $97,540 and a strong 5.50% CAP rate. Tenant storage lockers and ample parking add further value. Situated in a growing community, just 35 minutes from HWY 403/Hamilton, this property offers long-term appreciation and the ability to increase rents to market value over time. Don't miss this incredible investment opportunity! (id:24570)
Location
Province ON
Interior
Heating Radiant heat
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 10
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by EXP REALTY
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