52 Elm St Ingleside Street, South Stormont, ON K0C 1R0

$399,900
4
BD
4
BA
2,000
SqFt

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List Price
$399,900
MLS#
X13844838
Status
ACTIVE
Type
Multifamily
SubType
Fourplex
Style
1 1/2 Storey
Bedrooms
4
Bathrooms
4
Living Area
2000-2500
Province
ON
Municipality
South Stormont
Area
Stormont, Dundas and Glengarry
Neighborhood
713 - Ingleside
Subdivision
Elm Street And Wales Dr

Property Description

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 units are currently rented:Unit 1(1 bed+1 den): $810.07/month (hydro included) Unit 2(1 Bedroom): $915.32/month (+ utilities) Unit 3(1 Bedroom): $908.78/month (+ utilities) Unit 4(1 Bedroom): $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.ocation 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 48-hour irrevocable clause.

Additional Information

Taxes
$1,933
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Window Unit(s)
Kitchens
4
Exterior
Vinyl Siding
Garage Type
None
Pool
None
Parking Spaces
5

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Calculator source: Real Geeks

Listing courtesy of RE/MAX AFFILIATES MARQUIS LTD..