120 CENTRE Street - $2,295,000

  
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Property Specs:

Price$2,295,000
CityEssex, Ontario
Address120 CENTRE Street
Listing ID24003324
ConstructionStucco
RoofAsphalt Shingle
FlooringCeramic or Porcelain, Hardwood or Engine…
Land Size80 FT X 127.20 FT
TypeMulti-Family
StatusFor Sale

Extended Features:

Subtype 5 - 8 Unit Inclusions ALL APPLIANCES INCLUDED IN ALL UNITS Ownership Freehold Building Amenities Energy Efficient, Laundry Facility, Storage Appliances Dishwasher, Refrigerator, Stove, Washer/Dryer Stack Up Foundation Other, See Remarks Heating / Cooling Central Air Conditioning, Heat Pump Heating Fuel Electric Hot Water Tank Electric Utility Water Municipal Water Sewer Sanitary

Listing Agent:  JOHN D'ALIMONTE

Listing Agency:  RE/MAX PREFERRED REALTY LTD. - 586

Co-Listing Agent:  RYAN D'ALIMONTE

Co-Listing Agency:  RE/MAX PREFERRED REALTY LTD. - 586

DETAILS

Brand new centrally located 6 plex in the beautiful Town of Essex within walking distance to all town amenities. One of the most energy efficient properties being offered for sale in Essex County with ICF from ground to roof and cold climate heat pumps which offer low and ONLY utility cost (hydro) to any future Tenants (no gas bills). Establish your own Rents and Tenants (expected rental income of $2500 per unit plus heat/hydro). Every unit offers identical 2 bedroom layout with open concept kitchen, living room and eating area, four piece bathroom and own laundry/utility rooms. Operating at 6.5-7% cap rate (Income and Expense estimates are projections). Front parking for up to 8 cars.


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