2047 Main Street , Haldimand, ON N0A 1J0
Haldimand, ON N0A 1J0
Description
**Prime Investment Opportunity Purpose-Built 6-Unit Apartment Building in Jarvis!** An outstanding multiplex investment offering stable rental income, with all units currently occupied. This well-maintained brick and concrete construction with metal siding features four spacious two-bedroom units and two one-bedroom units, each separately metered. Recent upgrades enhance long-term value, including a newer pump (2024), windows (2023-2024), boiler and furnace (2018), resurfaced roof (2017), and updated siding (2019). This income-generating property produces a gross total income of $115,360 per year, with total expenses of $17,820 and a strong 6.7% CAP rate. Tenant storage lockers and ample parking add further value. Situated in a growing community just 35 minutes from HWY 403/Hamilton, this property offers long-term appreciation with potential upside and the ability to increase rents to market value over time. Don't miss this incredible investment opportunity!
Details
| MLS# | X11959149 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Price Change |
| Days On Site | 72 |
| Listing Provided By | EXP REALTY | X11959149 285400 |
Features
| Bed(s) | 10 |
|---|---|
| Bath(s) | 6 |
| Basement | Y |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Haldimand |
| City | Haldimand |
| Postal Code | N0A 1J0 |
| Area | Haldimand |
| Listing VS Median (In N0A 1J0) | |
Price: $1,449,000 low | high Med: $0 On site: 72 low | high Med: | |