4 Beds 4 Bath

52 Elm Street, South Stormont, ON K0C 1R0

South Stormont K0C 1R0 Ontario

MLS: X12341747

$525,000

Added 27 days ago | For Sale

Listed by: RE/MAX AFFILIATES MARQUIS LTD.

About Property

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.

Features

  • House Style:Fourplex
  • Bathrooms:4
  • Land Size: 75 X 150
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Electric
  • Cross Street:Elm Street and Wales Drive
  • Basement:Unfinished , Unfinished
  • Possession Date:Immediate
  • Annual Property taxes: $1932.68
  • Bedrooms:4
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Baseboard
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:X12341747

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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