This 20-unit townhouse-style complex is spread over 2.9 acres with strong income and significant upside. Current NOI exceeds $164K with multiple units recently turned and leased at $1,400$1,500/month. Older units still average under $800/month, providing substantial mark-to-market potential. Tenants pay their own hydro and the site includes income from storage rentals. Ideal for long-term investors seeking scale, low turnover, and a clear path to increased yield through repositioning. Financials available. Buyer to do own due diligence. (id:51018)
| MLS® Number | X12105717 |
| Property Type | Multi-family |
| Parking Space Total | 20 |
| Bathroom Total | 20 |
| Bedrooms Above Ground | 36 |
| Bedrooms Total | 36 |
| Heating Type | Other |
| Type | Other |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | Yes |
| Size Depth | 395 Ft |
| Size Frontage | 197 Ft |
| Size Irregular | 197 X 395 Ft |
| Size Total Text | 197 X 395 Ft|2 - 4.99 Acres |
https://www.realtor.ca/real-estate/28219103/412-ross-street-huron-kinloss
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