5.7% return. Hard to find that these days. Looking for an investment opportunity then this may be a fit. Well maintained fully rented (4) plex within short walking distance to the Walkerton downtown. Short walks to parks and Saugeen river. Good sized units for tenants...3- 2 bedroom units and 1- 1 bedroom unit. No grass cutting or snow removal costs. Over a 5.7% return. 2 units have been fully renovated since 2018 plus many more exterior updates like steel siding on the rear and a metal roof make the building easy to look after for a arms length new owner. Very good upside potential for rent growth in the future. (id:1794)
MLS® Number | 40306102 |
Property Type | Multi-family |
Equipment Type | None |
Rental Equipment Type | None |
Water Front Name | Saugeen River |
Water Front Type | Waterfront On River |
Bedrooms Total | 3 |
Age | Age Is Unknown |
Appliances | Water Meter |
Basement Development | Unfinished |
Basement Type | Partial (unfinished) |
Construction Style Attachment | Attached |
Cooling Type | None |
Exterior Finish | Brick, Steel |
Fire Protection | Smoke Detectors |
Foundation Type | Stone |
Heating Type | Baseboard Heaters |
Stories Total | 2 |
Size Interior | 3240 |
Type | Fourplex |
Utility Water | Municipal Water |
None |
Acreage | No |
Sewer | Municipal Sewage System |
Size Depth | 137 Ft |
Size Frontage | 30 Ft |
Size Total Text | Under 1/2 Acre |
Surface Water | River/stream |
Zoning Description | Ep |
Electricity | Available |
Telephone | Available |
https://www.realtor.ca/real-estate/24746551/10-durham-street-w-walkerton
Contact us for more information
Wayne Leibold
Broker
(519) 506-7700
(519) 506-6700
www.peakedge.ca