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$ 2,170,000
Est. payment | /mo
24 Beds
12 Baths
$ 2,170,000
Est. payment | /mo
24 Beds
12 Baths
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft < 700
MLS Listing ID X12105724
Style Other
Bedrooms 24
Annual Tax Amount $10,843
Tax Year 2024
Property Sub-Type Multiplex
Property Description
12-unit multifamily asset in central Clinton with a strong in-place NOI and clear value-add upside. Currently 75% occupied, with 3 vacant units ready to renovate and lease at market. Rents are below market, allowing for a mark-to-market lift of over 20%. Professionally managed, separately metered, and offering surface parking. Building is well-maintained with select unit renovations already complete. A low-maintenance, high-potential acquisition with immediate room for increased cash flow and long-term hold upside. Financials available.
Location
Province ON
County Huron
Area Huron
Rooms
Family Room Yes
Basement None
Kitchen 12
Interior
Interior Features Other
Cooling None
Exterior
Parking Features Available
Pool None
Roof Type Membrane
Lot Frontage 86.0
Lot Depth 129.0
Total Parking Spaces 15
Building
Foundation Concrete Block, Block
Others
Senior Community No
Listed by PRIME REAL ESTATE BROKERAGE