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$ 2,170,000
Est. payment | /mo
24 Beds
12 Baths
$ 2,170,000
Est. payment | /mo
24 Beds
12 Baths
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS® Listing ID X12105724
Bedrooms 24
Source London and St. Thomas Association of REALTORS®
Property Description
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:24570)
Location
State ON
Rooms
Kitchen 0.0
Extra Room 1 Second level 2.43 m X 3.04 m Bedroom
Extra Room 2 Third level 2.43 m X 3.04 m Bedroom
Interior
Heating Baseboard heaters
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 15
Private Pool No
Building
Sewer Sanitary sewer
Others
Virtual Tour https://www.youtube.com/watch?v=VDZB2TZYPrM
Listed by PRIME REAL ESTATE BROKERAGE
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