Other
$2,170,000
12-unit multifamily asset in central Clinton with a strong in-place NOI and clear value-add upside. Currently 75% occupied, with 3 vacant units ready to renovate and lease at market. Rents are below market, allowing for a mark-to-market lift of over 20%. Professionally managed, separately metered, and offering surface parking. Building is well-maintained with select unit renovations already complete. A low-maintenance, high-potential acquisition with immediate room for increased cash flow and long-term hold upside. Financials available. Buyer to do own due diligence. (id:39382)
Business
BusinessType
|
Residential |
BusinessSubType
|
Apartments |
Property Details
MLS® Number
|
X12105721 |
Property Type
|
Multi-family |
Community Name
|
Clinton |
Building
HeatingType
|
Other |
Type
|
Multi-family |
UtilityWater
|
Municipal Water |
Land
Acreage
|
No |
SizeDepth
|
129 Ft |
SizeFrontage
|
86 Ft |
SizeIrregular
|
86 X 129 Ft |
SizeTotalText
|
86 X 129 Ft |
ZoningDescription
|
Res |
https://www.realtor.ca/real-estate/28219105/65-princess-street-w-central-huron-clinton-clinton