52 Elm Street, South Stormont, Ontario K0C 1R0

Listed for:
$499,900
4 beds
4 baths
Listed 94 days ago
Fourplex for rent: 52 Elm Street, South Stormont, Ontario K0C 1R0

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Learn more about this property
Listing provided by:
RE/MAX AFFILIATES MARQUIS LTD.
MLS® number:
X12341747
Agent:
Alan Mclaughlin-wheeler
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About

Cross Streets: Elm Street and Wales Drive. ** Directions: From County Road 2, head North onto Wales drive. Take a left onto Elm Street and the property will be on the left hand side. Welcome to 52 Elm Street! This fully occupied fourplex is nestled in the sought-after village of Ingleside a location where opportunities like this don't come along often. Situated beside a park, close to local amenities, and just a short walk to the St. Lawrence River, its an ideal setting for tenants.Each of the four 1-bedroom units is currently rented:Unit 1: $810.07/month (hydro included) Unit 2: $915.32/month (+ utilities) Unit 3: $908.78/month (+ utilities) Unit 4: $888.42/month (+ utilities). The property generates a gross annual income of $42,271.08 through the rent roll, with additional revenue from a coin-operated washer and dryer accessible to all tenants.If you're ready to expand your investment portfolio in a prime location, this is a property you'll want to see. All offers to include a 24-hour irrevocable clause. (id:27476)

Property Highlights

MLS® Number
X12341747
Type
Multi-family
Community Name
713 - Ingleside
Land Size
75 x 150 FT
Parking Space Total
4

Building

Building Type
Fourplex
Storeys
1.50
Square Footage
2000 - 2500 sqft
Bathrooms Total
4
Bedrooms Above Ground
4
Bedrooms Total
4
Exterior Finish
Vinyl siding
Fireplace Present
No
Basement Type
N/A (Unfinished)
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Electric
Building Cooling Type
Window air conditioner

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location