52 Elm St Ingleside Street, South Stormont, Ontario K0C 1R0

Listed for:
$450,000
4 beds
4 baths
Listed 86 days ago
Fourplex for rent: 52 Elm St Ingleside Street, South Stormont, Ontario K0C 1R0

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About

Cross Streets: Elm Street and Wales Dr. ** 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.ocation 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
X12662494
Type
Multi-family
Community Name
713 - Ingleside
Land Size
75 x 150 FT
Parking Space Total
5

Building

Building Type
Fourplex
Storeys
2.00
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

Learn more about this property
Listing provided by:
RE/MAX AFFILIATES MARQUIS LTD.
MLS® number:
X12662494
Agent:
Alan Mclaughlin-wheeler
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