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377 MAIN Street, Woodstock, Ontario, N4S 1T4

MLS® # 40863230
Investment For Sale In Woodstock, Ontario
$1,150,000
377 Main Street, Woodstock, ON
377 Main Street, Woodstock, ON
377 Main Street, Woodstock, ON
377 Main Street, Woodstock, ON
377 Main Street, Woodstock, ON
377 Main Street, Woodstock, ON
377 Main Street, Woodstock, ON
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377 Main Street, Woodstock, ON
377 Main Street, Woodstock, ON
377 Main Street, Woodstock, ON
377 Main Street, Woodstock, ON
377 Main Street, Woodstock, ON
377 Main Street, Woodstock, ON
377 Main Street, Woodstock, ON
  • Advertising
377 MAIN Street, Woodstock, Ontario, N4S 1T4
$1,150,000

Property Information:

Add a multi-unit property to your portfolio with this well-located 4-plex at 377 Main. Offering four residential units, three of which are currently tenanted, this property provides immediate rental income with the opportunity to lease the remaining vacant unit. The property offers flexibility for both established and first-time investors looking to expand their holdings and maximize the income potential of a multi-residential property. Conveniently located close to shopping, public transit, schools, churches, parks and everyday amenities, the location adds to its long-term rental appeal. With existing tenants in place and an additional unit ready for occupancy, 377 Main presents an opportunity to invest in an income-producing property with further rental potential. Cap Rate is 6.8%. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Unfinished
  • Basement Type: Partial
  • Exterior Finish: Brick
  • Floor Space: 4156 sqft
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Microwave Built-in, Window Coverings

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Road access
  • Amenities Nearby: Shopping
  • Built in: 1883
  • Features: Paved driveway
  • Floor Space (approx): 4156 Square Feet
  • Irregular: Yes
  • Lot Depth: 82 Feet
  • Lot Frontage: 64 Feet
  • Lot Size: 0.13 Acres
  • Zoning: R2
  • Sewer: Municipal sewage system
  • Parking Type: Open
  • No. of Parking Spaces: 4

Courtesy of: Hewitt Jancsar Realty Ltd.

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Location of 377 MAIN Street, Woodstock, Ontario, N4S 1T4

Demographic Information of 377 MAIN Street, Woodstock, Ontario, N4S 1T4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$95,036.02

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.94 %

High school certificate or equivalent

37.98 %

Apprenticeship trade certificate/diploma

6.59 %

College/non-university certificate

23.84 %

University Degree

7.65 %

Commuter

Travel To Work

By Car

93.03 %

By Public Transit

0.75 %

By Walking

1.85 %

By Bicycle

0.0 %

By Other Methods

4.37 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

24.45 %

Houses

75.55 %

Own Vs. Rent