412 ROSS St

Huron-Kinloss | Huron-Kinloss | N0G 2H0
  • 2.9 sqft
  • 0 gar

Ask: $3,600,000 $3,499,000

Est. Mtg $11,864 /mo
  • Days on market

    149

  • Status

    U

Listing Broker THE AGENCY REAL ESTATE
Since listed: 2 views

Home details

MLS #:

X8332224

Property type:
Investment
Style:
Other
Taxes:
$35,742
Possession:
Flexible
Condo Fee:
Lot Size:
0.0 X 0.0
Zoning:
RES
Use:
Apts-13 To 20 Units
Heat:
Other

Description


412 ROSS St, , Huron-Kinloss, Ontario is a Investment property in Huron-Kinloss and in the Huron-Kinloss community in the N0G 2H0 postal code


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..

Extras

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Payment calculator

$14843 monthly. In association with: TD Bank
%
  • Principal and Interest
    11864 /mo
  • Property Taxes
    $2978 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Mike Zamani, Realtor

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