123 East Street Central Huron, Ontario N0M 1L0
$1,750,000
22 unit building being offered for sale at aprox. 9.1% Cap rate/$79k per unit. Comprised of 2x1Bed, 20x2Bed. Substantial cash flow from day 1 of ownership. Separate hydro meters. The asset is situated in a quiet, established neighbourhood with proximity to schools, parks, and local amenities, making it highly attractive to long term tenants and supporting consistent occupancy. Income/Expense ratio is roughly 49.5%. Decrease your expenses and increase your income to streamline operations and improve efficiency. This is a stabilized, income producing property with the fundamentals investors look for solid construction, full occupancy, and a straightforward strategy to drive returns through operational improvements and rental upside. Tour of all units will take place Sunday May 10th from 3pm-5pm. Please confirm attendance. (id:63203)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X13080648 |
| Property Type | Multi-family |
| Community Name | Clinton |
| Amenities Near By | Highway |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
Building
| Cooling Type | None |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, Hot Water |
| Size Exterior | 41893 Sqft |
| Size Interior | 41,893 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway |
| Size Depth | 114 Ft ,5 In |
| Size Frontage | 442 Ft ,9 In |
| Size Irregular | Bldg=442.83 X 114.42 Ft |
| Size Total Text | Bldg=442.83 X 114.42 Ft |
| Zoning Description | R3-2 |
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May 04 2026 08:45:35
Toronto Regional Real Estate Board
Mysak Realty Inc.