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$499,900

South Stormont ON, K0C 1R0

MLS® # X12341747

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Air Conditioning: Yes
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Exterior Finish: Vinyl siding
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Block
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: Window air conditioner
  • Appliances:

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 4
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 150.0 Feet
  • Lot Frontage: 75.0 Feet
  • Lot Size: 75 x 150 FT
  • Structure Type: Deck, Porch
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Courtesy of: RE/MAX AFFILIATES MARQUIS LTD.

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 52 ELM STREET, South Stormont, Ontario, K0C 1R0

Demographic Information of 52 ELM STREET, South Stormont, Ontario, K0C 1R0

Life Stage

Families with Tweens

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$110,018.76

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.85 %

High school certificate or equivalent

26.37 %

Apprenticeship trade certificate/diploma

12.36 %

College/non-university certificate

31.71 %

University Degree

12.71 %

Commuter

Travel To Work

By Car

93.76 %

By Public Transit

0.0 %

By Walking

4.66 %

By Bicycle

0.0 %

By Other Methods

1.58 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

12.36 %

Houses

87.64 %

Own Vs. Rent