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. Buyer to do own due diligence. (id:4555)
PROPERTY SPECS
Listing ID X12105721
Address 65 PRINCESS STREET W
City Central Huron (Clinton), ON
Price $2,170,000
Land Size 86 x 129 FT
Type Multi-Family
Status For sale
EXTENDED FEATURES
HeatingOtherUtility WaterMunicipal waterDate Listed2025-04-26 02:00:36Days on Market6