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:4555)
PROPERTY SPECS
Listing ID X12105719
Address 412 ROSS STREET
City Huron-Kinloss, ON
Price $3,499,000
Land Size 2.9
Type Multi-Family
Status For sale
EXTENDED FEATURES
HeatingOtherUtility WaterMunicipal waterDate Listed2025-04-26 02:00:36Days on Market52