$1,750,000
Available - For Sale
Listing ID: X13080648
123 East Street , Central Huron, N0M 1L0, Huron
| 22 unit building being offered for sale at aprox. 9.1% Cap rate/$79k per unit. Comprised of 2x1Bed, 20x2Bed. Substantial cash flow from day 1 of ownership. Separate hydro meters. The asset is situated in a quiet, established neighbourhood with proximity to schools, parks, and local amenities, making it highly attractive to long term tenants and supporting consistent occupancy. Income/Expense ratio is roughly 49.5%. Decrease your expenses and increase your income to streamline operations and improve efficiency. This is a stabilized, income producing property with the fundamentals investors look for solid construction, full occupancy, and a straightforward strategy to drive returns through operational improvements and rental upside. Tour of all units will take place Sunday May 10th from 3pm-5pm. Please confirm attendance. |
| Price | $1,750,000 |
| Taxes: | $22550.00 |
| Tax Type: | N/A |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 123 East Street , Central Huron, N0M 1L0, Huron |
| Postal Code: | N0M 1L0 |
| Province/State: | Huron |
| Directions/Cross Streets: | East street and Irwin St. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - Over 20 Units |
| Building Percentage: | T |
| Total Area: | 41893.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Major Highway |
| Water Expense: | $21332 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | No |
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At a Glance:
| Type: | Com - Investment |
| Area: | Huron |
| Municipality: | Central Huron |
| Neighbourhood: | Clinton |
| Style: | |
| Lot Size: | x 114.42(Feet) |
| Approximate Age: | |
| Tax: | $22,550 |
| Maintenance Fee: | $0 |
| Beds: | 0 |
| Baths: | 0 |
| Garage: | 0 |
| Fireplace: | N |
| Air Conditioning: | |
| Pool: |
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