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:4555)
PROPERTY SPECS
Listing ID X12105724
Address 65 PRINCESS STREET W
City Central Huron, ON
Price $2,170,000
Bed / Bath 24 / 12 Full
Construction Brick
Land Size 86 x 129 FT
Type Other
Status For sale
EXTENDED FEATURES
Parking15FoundationBlockHeatingBaseboard heatersUtility WaterMunicipal waterDate Listed2025-04-26 02:00:38Days on Market6Parking15