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$ 1,475,000
Est. payment | /mo
14 Beds
12 Baths
5,000 SqFt
$ 1,475,000
Est. payment | /mo
14 Beds
12 Baths
5,000 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 - 100000
Square Footage 5,000 sqft
Price per Sqft $295
Subdivision Nw
MLS® Listing ID X13610808
Bedrooms 14
Property Description
Exceptional 6-Unit Townhouse Investment Opportunity Rare opportunity to acquire a well-maintained, fully leased 6-unit townhouse complex in the growing community of Strathroy. This solid brick investment property offers a proven track record of strong occupancy and reliable rental income, making it an ideal addition to any investment portfolio. The property has benefited from numerous upgrades over the years, including a new roof installed in 2023, helping to minimize future capital expenditures. Tenants enjoy ample paved parking and an outstanding location just minutes from the hospital, shopping, schools, restaurants, and all the amenities Strathroy has to offer. With current rents below market levels, this property presents significant upside potential through future rental increases, offering investors an excellent opportunity to enhance cash flow and long-term returns. A turnkey, income-producing asset in a high-demand rental market with exceptional value-add potential. Current rent roll/income and expenses in documents. All showings through listing agent. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Cooling None, Wall unit
Exterior
Parking Features Yes
View Y/N No
Attached Garage No
Total Parking Spaces 13
Garage Yes
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by SUTTON GROUP PREFERRED REALTY INC.
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