52 Elm Street South Stormont, Ontario K0C 1R0

4 Bedroom 4 Bathroom 2,000 - 2,500 ft2
Window Air Conditioner Baseboard Heaters

$525,000

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. (id:47351)

Property Details

MLS® Number X12341747
Property Type Multi-family
Community Name 713 - Ingleside
Parking Space Total 4
Structure Deck, Porch

Building

Bathroom Total 4
Bedrooms Above Ground 4
Bedrooms Total 4
Appliances Water Heater
Basement Development Unfinished
Basement Type N/a (unfinished)
Cooling Type Window Air Conditioner
Exterior Finish Vinyl Siding
Foundation Type Block
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 2,000 - 2,500 Ft2
Type Fourplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 150 Ft
Size Frontage 75 Ft
Size Irregular 75 X 150 Ft
Size Total Text 75 X 150 Ft

https://www.realtor.ca/real-estate/28727048/52-elm-street-south-stormont-713-ingleside