36 Bedroom
20 Bathroom
Other
Acreage
$3,499,000
This 20-unit townhouse-style complex is spread over 2.9 acres with strong income and significant upside. Current NOI exceeds $164K with multiple units recently turned and leased at $1,400$1,500/month. Older units still average under $800/month, providing substantial mark-to-market potential. Tenants pay their own hydro and the site includes income from storage rentals. Ideal for long-term investors seeking scale, low turnover, and a clear path to increased yield through repositioning. Financials available. Buyer to do own due diligence. (id:39382)
Property Details
MLS® Number
|
X12105717 |
Property Type
|
Multi-family |
ParkingSpaceTotal
|
20 |
Building
BathroomTotal
|
20 |
BedroomsAboveGround
|
36 |
BedroomsTotal
|
36 |
HeatingType
|
Other |
Type
|
Other |
UtilityWater
|
Municipal Water |
Parking
Land
Acreage
|
Yes |
SizeDepth
|
395 Ft |
SizeFrontage
|
197 Ft |
SizeIrregular
|
197 X 395 Ft |
SizeTotalText
|
197 X 395 Ft|2 - 4.99 Acres |
https://www.realtor.ca/real-estate/28219103/412-ross-street-huron-kinloss