$599,000
Overview
Excellent investment opportunity! 4-plex in the heart of Dresden featuring two–2-bedroom units and two–1-bedroom units, all with existing tenants in place—buyer to assume tenants. ALL UNITS ARE SEPARATELY METERED WITH EACH TENANT RESPONSIBLE FOR THEIR OWN HYDRO, WATER AND GAS. Gross annual income of $52,722.84 with rents as follows: Unit 1 – $1,300/month plus utilities, Unit 2 – $1,310.98/month plus utilities, Unit 3 – $582.59/month plus utilities, Unit 4 – $1,200/month plus utilities. Property features newer gas furnaces, and a new asphalt shingled roof. Ideally located directly across from the splash pad, baseball diamond, and community pool, and within a short walking distance to Dresden Area Central School and all downtown amenities, no driving necessary. A well-located, solid income-producing property with strong rental appeal. (id:67173)
Features
Location
Courtesy of ROYAL LEPAGE PEIFER REALTY (DRESDEN)
Interested in this home?
195 SYDENHAM STREET
Listing courtesy of the Chatham-Kent Association of REALTORS® as distributed by the Canadian Real Estate Association's DDF®. All information deemed reliable but not guaranteed and should be independently verified. Data updated daily.