120 CENTRE STREET, Essex, Ontario, N8M 1P9

$2,295,000

MLS® # 24003324

Investment For Sale In Essex, Ontario

$2,295,000

Property Information:

Brand new centrally located 6 plex in the beautiful Town of Essex within walking distance to all town amenities. One of the most energy efficient properties being offered for sale in Essex County with ICF from ground to roof and cold climate heat pumps which offer low and ONLY utility cost (hydro) to any future Tenants (no gas bills). Establish your own Rents and Tenants (expected rental income of $2500 per unit plus heat/hydro). Every unit offers identical 2 bedroom layout with open concept kitchen, living room and eating area, four piece bathroom and own laundry/utility rooms. Operating at 6.5-7% cap rate (Income and Expense estimates are projections). Front parking for up to 8 cars. (id:27)

Building Features:

  • Style: Fourplex
  • Building Type: Multi-Family
  • Amenities: Laundry Facility
  • Exterior Finish: Stucco
  • Flooring Type: Hardwood, Laminate
  • Heating Type: Heat Pump
  • Heating Fuel: Electric
  • Cooling Type: Central air conditioning, Heat Pump

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Size: 80 FT X 127.20 FT
  • Zoning: R1-1
  • Parking Type: Other
  • No. of Parking Spaces: 8

Rooms:

  • Laundry 2nd Level Measurements not available
  • Bedroom 2nd Level Measurements not available
  • Bedroom 2nd Level Measurements not available
  • Living 2nd Level Measurements not available
  • Kitchen 2nd Level Measurements not available
  • Laundry 3rd Level Measurements not available
  • Bedroom 3rd Level Measurements not available
  • Bedroom 3rd Level Measurements not available
  • Living 3rd Level Measurements not available
  • Kitchen 3rd Level Measurements not available
  • Laundry Main Level Measurements not available
  • Bedroom Main Level Measurements not available
  • Bedroom Main Level Measurements not available
  • Living Main Level Measurements not available
  • Kitchen Main Level Measurements not available

Courtesy of: RE/MAX PREFERRED REALTY LTD. - 586

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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