$1,475,000

Investment For Sale In Strathroy-Caradoc (NW), Ontario

$1,475,000

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.

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

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