Property Information:

Exceptional 6-Unit Townhouse Investment Opportunity Rare opportunity to acquire a well-maintained, fully leased 6-unit townhouse complex in the growing community of Strathroy. This solid brick investment property offers a proven track record of strong occupancy and reliable rental income, making it an ideal addition to any investment portfolio. The property has benefited from numerous upgrades over the years, including a new roof installed in 2023, helping to minimize future capital expenditures. Tenants enjoy ample paved parking and an outstanding location just minutes from the hospital, shopping, schools, restaurants, and all the amenities Strathroy has to offer. With current rents below market levels, this property presents significant upside potential through future rental increases, offering investors an excellent opportunity to enhance cash flow and long-term returns. A turnkey, income-producing asset in a high-demand rental market with exceptional value-add potential. Current rent roll/income and expenses in documents. All showings through listing agent. (id:27)

Building Features:

Style: Multiplex
Building Type: Other
Air Conditioning: Yes
Basement Type: Full
Exterior Finish: Brick
Floor Space: 5000 - 100000 sqft
Foundation Type: Concrete
Heating Type: Baseboard heaters
Heating Fuel: Electric
Cooling Type: None, Wall unit

Property Features:

Property Type: Multi-family
Bedrooms: 14
Bathrooms: 12
Floor Space (approx): 5000 - 100000 Square Feet
Irregular: Yes
Lot Depth: 132 Feet
Lot Frontage: 135 Feet
Lot Size: 135 x 132 FT
Sewer: Sanitary sewer
Parking Type: Detached garage, Garage
No. of Parking Spaces: 13

Courtesy of: SUTTON GROUP PREFERRED REALTY INC.

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Demographic Information of 363 SAULSBURY STREET, Strathroy-Caradoc (NW), Ontario, N7G 2B3

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$95,262.45

Average Number of Children

1.76

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.0 %

High school certificate or equivalent

35.54 %

Apprenticeship trade certificate/diploma

7.85 %

College/non-university certificate

23.74 %

University Degree

6.86 %

Commuter

Travel To Work

By Car

93.37 %

By Public Transit

0.0 %

By Walking

4.86 %

By Bicycle

0.0 %

By Other Methods

1.77 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

17.82 %

Houses

82.18 %

363 SAULSBURY STREET, Strathroy-Caradoc (NW), Ontario, N7G 2B3