$3,925,000
$4,500,000
12.8%For more information regarding the value of a property, please contact us for a free consultation.
25 Baths
SOLD DATE : 04/01/2025
Key Details
Sold Price $3,925,000
Property Type Multi-Family
Sub Type Multiplex
Listing Status Sold
Purchase Type For Sale
Subdivision South F
MLS Listing ID X10408524
Sold Date 04/01/25
Style Other
Annual Tax Amount $44,866
Tax Year 2023
Property Sub-Type Multiplex
Property Description
This well-maintained 25-unit multi-family, brick building is a fantastic addition to any real estate portfolio. Nestled in a beautiful and highly sought-after neighborhood, this property is not only a gem for its tenants but also offers strong returns for investors, with a cap rate of approximately 5.5%. Highlights include 25 all-inclusive units, making renting convenient and attractive for tenants. Ample on-site parking for tenants and visitors alike, a rare find in the area. New flat roof installed in 2019, minimizing future maintenance costs. Convenient coin laundry facilities within the building for added tenant convenience and landlord income. With its prime location, solid construction, and amenities, this building is a turnkey investment. Take advantage of the demand in this fantastic neighborhood and the ease of all-inclusive units. Three vacant units await your tenant selection. This is an opportunity that's both attractive and enduring. Don't miss out!
Location
Province ON
County Middlesex
Community South F
Area Middlesex
Zoning R9-4
Rooms
Family Room No
Basement None
Kitchen 0
Interior
Interior Features Floor Drain, Intercom, Storage Area Lockers, Sump Pump, Water Heater Owned
Cooling None
Exterior
Parking Features Private
Pool None
Roof Type Flat
Lot Frontage 49.67
Lot Depth 291.0
Total Parking Spaces 25
Building
Foundation Concrete
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP