412 Ross Street Huron-Kinloss, Ontario N0G 2H0
$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)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | X12105719 |
| Property Type | Multi-family |
Building
| HeatingType | Other |
| SizeInterior | 3 Ac |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 395 Ft |
| SizeFrontage | 197 Ft |
| SizeIrregular | 197 X 395 Ft |
| SizeTotalText | 197 X 395 Ft |
| ZoningDescription | Res |
https://www.realtor.ca/real-estate/28219104/412-ross-street-huron-kinloss
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April 25 2025 11:51:02
London and St. Thomas Association of REALTORS®
Prime Real Estate Brokerage