12-unit multifamily asset in central Clinton with a strong in-place NOI and clear value-add upside. Currently 75% occupied, with 3 vacant units ready to renovate and lease at market. Rents are below market, allowing for a mark-to-market lift of over 20%. Professionally managed, separately metered, and offering surface parking. Building is well-maintained with select unit renovations already complete. A low-maintenance, high-potential acquisition with immediate room for increased cash flow and long-term hold upside. Financials available. (id:51018)
| MLS® Number | X12105724 |
| Property Type | Multi-family |
| Parking Space Total | 15 |
| Bathroom Total | 12 |
| Bedrooms Above Ground | 24 |
| Bedrooms Total | 24 |
| Exterior Finish | Brick |
| Foundation Type | Block |
| Heating Type | Baseboard Heaters |
| Size Interior | 0 - 699 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 129 Ft |
| Size Frontage | 86 Ft |
| Size Irregular | 86 X 129 Ft |
| Size Total Text | 86 X 129 Ft |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 2.43 m | 3.04 m | 2.43 m x 3.04 m |
| Third Level | Bedroom | 2.43 m | 3.04 m | 2.43 m x 3.04 m |
https://www.realtor.ca/real-estate/28219106/65-princess-street-w-central-huron
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
A password will be e-mailed to you
