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Last Updated : 525 Days ago
412 Ross Street, Huron-Kinloss, ON,

412 Ross Street, Huron-Kinloss MLS Number: 40587823

Huron-Kinloss, Bruce, ON, N0G 2H0

$3,600,000

Status:

  • 36+ Beds
  • 20 Baths
  • Area : 5000 sqft
  • Property Type: Residential Income (Multi Family)
  • Property Taxes : $35742 (Tax Year:2020)
  • Listing Courtesy : The Agency Real Estate

412 Ross Street Property Description

20 Units plus 12 storage units with Net Operating Income of 214,973.33. This outstanding turnkey operation comprises three buildings, featuring a total of 20 individual dwellings, including 16 two-bedroom units and 4 one-bedroom units. Additionally, there are 12 individual storage units available. What sets this property apart is its inclusion of a dedicated laundry facility and maintenance shed, as well as ample space and approval for future development possibilities of 16 more units! All units are designed for convenience, offering main floor exterior access to each dwelling. This design not only attracts long-term residents but also provides a hassle-free living experience. The buildings are constructed with sturdy all-brick exteriors and durable asphalt shingled roofs, making them an ideal choice for investors seeking to minimize maintenance and repair costs. There is also a promising opportunity to increase revenue through tenant turnover and by introducing pay-per-use laundry facilities. This aesthetically pleasing apartment complex is certain to leave a lasting impression on potential investors.

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412 Ross Street Property Facts

Property Type :Residential Income
MLS Number :40587823
Listing Type :Sale
Property Age :51-99 Years
Possession Date :
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Last Updated :28 Jun, 2024 (525 Days ago)
Source :LSTAR
Area :Bruce
City :Lucknow
Area Major :2 - Huron Kinloss
Area Minor :Huron-Kinloss
Postal Code : N0G 2H0
Directions :Left onto Ross Street off of Lucknow Line, Building will be on your left

412 Ross Street Property Price & Tax Insights

Price : $3,600,000
Property Taxes :$35742
Tax Year :2020

412 Ross Street, Huron Kinloss Property Details

Bedrooms :36 +
Air Conditioning :Wall Unit(s)
Heating :Electric
Bathrooms :20
Approx Square Footage :5000 sqft

412 Ross Street, Huron Kinloss - Price History

2024-05

13 May, 2024

TREB #40587823

Listed

$3600000

412 Ross Street - Location Map and Landmarks

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