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Strathroy-caradoc,ON N7G 2B3
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 16,963 sqft
Price per Sqft $91
MLS Listing ID X10404990
Annual Tax Amount $5,148
Tax Year 2024
Property Description
This looks like a solid investment opportunity! A 5-plex all 2 bedrooms are renovated units, finished basements, and tenants covering utilities is definitely appealing. Plus, the proximity to the hospital and major highways is a big plus. The fact that rents are below market value means there's potential for increased cash flow in the future. All 5 units have renovated kitchens, some stainless appliances, updated bathrooms, newer flooring through all of the 5 units, all newer light switches and electrical out lets and newer LED lights in most units. If you're considering this, it might be worth looking into the current market trends and rental rates in the area to get a better sense of the potential returns. What do you think?
Location
Province ON
County Middlesex
Zoning ROW
Interior
Cooling Yes
Exterior
Utilities Available Yes
Others
Security Features No